Don't even mention buying a house, I'm feeling less interested in renting too. Staying in hotels feels way more comfortable – fresh, clean sheets every day, rooms piled up with takeout, and a pro cleaner comes in to tidy up right away.
Just like they said on the roundtable before, whose life isn't just a fleeting rental? From the universe's perspective, our brief lives aren't just rentals; we might just be guests in this cosmic hotel for a few days.
No wonder Zhao Changpeng and Sun Yuchen have a good relationship; it turns out they are essentially both opportunists.
I figured out Zhao Changpeng's approach.
First, he falsified his resume claiming to have technical skills, went to Bloomberg, and spent a few months there for experience. Even if he gets found out after joining, it doesn't matter; having Bloomberg on his resume allows him to interview with other companies.
Then he went to OK to interview for the CTO position.
With experience from major companies like Bloomberg and OK, he met some people and resources, making it easier to secure investments. Without experience from large companies, getting investment is very difficult.
This psychological resilience is very strong. The strategy is very clever.
CZ once accidentally sent 46 bitcoins to an address of another cryptocurrency, which was worth thirty thousand dollars at the time.
This sense of helplessness is something that everyone in the community can relate to.
One deep night a few months later, he suddenly realized that since the address format is the same, as long as the other platform is willing to cooperate, the coins can be retrieved by importing the private key into the Bitcoin network.
He emailed the customer service of the platform, which was said to be created by hackers, and after waiting for half a month, almost about to give up, a miracle happened: those 46 coins returned to his wallet.
So later, when He Yi asked him if he wanted to help a college student retrieve the hundreds of dollars he accidentally transferred, he agreed without hesitation.
He lamented in his book that he didn't want anyone else to experience the pain of losing coins like he did.
After experiencing darkness, he chose to light a lamp himself so that others would not fall into the same pit again.
Is there still a way for someone like me, whose assets are Bitcoin, with income depending on luck, no job, and no social security, to survive in society?
A few years ago, it was popular to take online loans, which is essentially high-interest lending. For example: You write a loan note for 2000 yuan, but actually only transfer 1000, yet you have to pay back 2000.
There was a guy who borrowed over 300,000 yuan in one go from multiple platforms. I asked him, what if the other party really sues? The guy said, let them show the transfer records.
You said lend me 2000, then provide the transfer record for 2000; if they can't, there’s only the loan note.
If the loan didn't actually happen, the lending relationship is not established, and I don't have to pay it back. If they provide a transfer record of 1000, paired with a loan note of 2000, OK, the evidence chain is complete! I’ll report you for high-interest lending and see who backs down first.
If they provide it, you go in; if not, I won't pay.
Let me state the conclusion first: Iran will achieve a pyrrhic victory.
Trump has declared bankruptcy six times in his life. I have studied his personality and found that he does not know when to cut his losses.
If he were at the gambling table and lost a few hundred dollars, he would not leave the table; instead, he would keep raising the stakes until he went bankrupt.
Currently, there are 2,500 troops on their way to the Middle East, and about 2,500 more departing from California, estimated to arrive in nearly a month. Along with the 82nd Airborne Division (18,000), and local US Army forces in the Middle East, if fully mobilized, it would approach 28,000 personnel. However, I estimate the actual mobilization will be between 10,000 to 15,000, as the available equipment from the US Navy can support a maximum of 16,000.
The current situation is very similar to three months ago, when the US was simultaneously deploying combat troops to the Middle East while also stating they wanted to negotiate. But the purpose of the negotiations was actually to buy time to prepare the military.
I estimate that the US military will likely use ground forces. The upcoming process will resemble the Vietnam War.
When the Vietnam War began, it was also a small-scale military operation, which ended up dragging on for 15 years.
Initially, the US used its Navy and Air Force to blockade Vietnam. After the Gulf of Tonkin incident, the US realized that the blockade was ineffective and began using small-scale landing forces for special operations, landing 3,500 troops in Da Nang.
Once the landing forces were deployed, there was no turning back. Because if they lost, they could not retreat, they had to send more soldiers for rescue, which led to a strategy of escalation, eventually turning into a full-scale war.
The entire process was: using air and naval superiority, non-contact warfare -- unable to eliminate the opponent -- small-scale Marine Corps -- escalation strategy -- full-scale war.
In the end, the situation fell into a stalemate of 'unable to win, unable to negotiate, unable to withdraw.'
Unable to win, unable to negotiate, unable to withdraw, isn't that exactly the situation with Iran now? The US cannot withdraw half-heartedly; once they withdraw, Iran will become a genuine hegemon in the Gulf. This would undermine the foundation of petrodollars.
I see this rhythm, the more I look at it, the more it resembles the early days of the US Vietnam War.
I speculate that once ground war begins, Iran will pay a heavy price for a hollow victory. $BNB
Q1 2026, there are indeed quite a few cryptocurrency projects that have announced shutdowns.
I have compiled a list of 11, many of which are familiar, and some were quite popular at the beginning.
Among them are projects that have received investment from a16z, Coinbase, Polychain, and YZi Labs.
One can only say that the current environment in the cryptocurrency space is indeed getting increasingly difficult. Even projects backed by top-tier capital may not necessarily survive until the day they launch their tokens. $BTC
In the past six months, everyone has seen what the market is like; many people say memes are dead, and the soul of cryptocurrency is gone, mutual destruction, big players abandoning their positions, conspiracy schemes, and retail investors being consumed to the point of being unrecognizable... these have indeed happened. I still remember the time in 2024 when memes were shining brightly; when a celebrity made a call, it could bring funds from outside the crypto world into it. Because at that time, many people's impression of cryptocurrency was still stuck on 'cryptocurrency only equals Bitcoin,' and they didn't even understand what Ethereum was, let alone the difference between the primary market and the secondary market. At that time, memes were the best entry point, simple, fun, and full of stories, allowing people outside the crypto world to quickly feel a sense of participation. But over time, the craze turned into fanaticism, and fanaticism turned into mutual destruction. When all the retail investors had been washed out, liquidity dropped to zero like stagnant water, and everyone began to lament: the spirit of crypto is long gone.
The biggest benefit of maintaining an arrogant attitude is that,
if you are wrong, someone will quickly come to point it out to you, and in an extremely rude manner tell you,
this is an advantage, not a disadvantage.
However, when you maintain humility, others will delay pointing out your mistakes because of your humility, which will greatly reduce your personal growth rate.
Someone asked the Zen master: "What is happiness?"
The Zen master said: "Are you hungry?"
"Not hungry."
"Are you cold?"
"Not cold."
"Is someone chasing you?"
"No."
The Zen master said: "This is happiness."
The person said: "But I am not happy."
The Zen master said: "Because you were just thinking 'what is happiness'. A dog, when full, will lie under the sun and snore. It will not lie there thinking 'is this happiness'. You have a brain that thinks more than a dog, and then you use that brain to make yourself feel miserable."
The person said: "What should I do?"
The Zen master said: "Don't ask what to do. 'What to do' is the next thought that will make you unhappy."
The person was silent for ten seconds.
In those ten seconds, he thought of nothing.
Those were the best ten seconds he had this year.
——Happiness is not the answer; it is those few seconds before you start thinking about the problem.
The emperor's dalliances are like a dragon playing with a phoenix. The prince's dalliances are like stealing fragrance and jade. The rich man's dalliances are like indulgence in pleasures. The wealthy young man's dalliances are like seeking flowers and inquiring about willows. The scholar's dalliances are like refined elegance. But your dalliances are governed by Article 78 of the Public Security Administration Punishment Law, a fine of 5000, and 15 days of detention.
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