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Evening reading | Will the US dollar lose its status as a global reserve currency?
1. eths unexpectedly skyrocketed, and the founder of BRC-20 praised the inscription Summer is coming?
On August 3, the floor price of eths, the leading "concept currency" on the Ethereum inscription protocol Ethscriptions, reached an all-time high near $640. The skyrocketing phenomenon made many investors take a lot of money, and at the same time, it was also recognized by the founder of BRC-20, domo. eths was launched in mid-June, and the minting cost for early users was 0.8-1 US dollars, an increase of about 640-800 times in just one and a half months. In the past, Ordinals revitalized the Bitcoin ecology, and the existing eths cited community FOMO. Why on earth can eths be favored and rise? After the outbreak of DeFi Summer and NTF Summer, can the concept of inscription become the successor? click to read
2. Decoding Intent: Why it can subvert Web3 user experience and blockchain order flow
As Web3 technologies move towards mass adoption, it is critical to ensure that users can freely navigate the complex Web3 jungle on their own. Unlike the early days of blockchain, when users had to decipher complex technical details, the key to the future lies in delivering a user experience that guides and empowers users to interact seamlessly with decentralized systems. In the development process of Web2, users' needs become more and more expressive with the help of search engines and chatbots (such as ChatGPT), so Web3 must be able to provide user experience that is easy to use and powerful. click to read
3. How to determine the amount of crimes involved in the NFT digital collection platform?
Considering that in judicial practice, the calculation standards of the crime amount corresponding to different crimes and whether they can be deducted are different. Based on the principle of practicality, in this article, we take three crimes often involved in domestic NFT digital collection platforms as examples. for analysis. For every NFT digital collection case that is investigated by the public security, there is always a problem that cannot be avoided, that is, how much money is involved in the crime? click to read
4. Web3: A new cultural movement growing from the community
Web3, the Internet's first digital trust layer, is sparking a cultural revolution and changing the relationship between users, assets, and businesses. We are going through a new cycle that is user-driven and community-focused. click to read
5. Will the rise of DeFi and the frequent issuance of the central bank's digital currency US dollar lose its status as a global reserve currency?
Until now, my long-term view has been firm: the dollar will not lose its status as the world's reserve currency. Even after JPow with infinite money printing machines, and Russia and China investing in each other, hoping to form a competitive trading bloc among the BRICS (Brazil, Russia, India, China) countries, my opinion remains the same. But a few weeks ago, I was forced to change my assumption. click to read