Cryptotodamoon

Two years ago, a colleague sold his house for 6 million, then used all 6 million to buy stocks, heavily investing in Wancheng Shares. When the amount reached 60 million, he withdrew the original 6 million. The rest stayed in the stocks—no greed.
On the day the money hit his account, he didn’t make a big deal of it. After work, when he got home, his wife was cooking in the kitchen, and the range hood buzzed. He stood in the doorway and watched, then said, “I took out that 6 million.” His wife turned off the stove, wiped her hands, and walked out. She didn’t say anything—she just looked at him.

What things did you only know after you left Sichuan?

This rant by a foreigner is really DIO.

Just saw @zakfolkman’s boss post—@worldlibertyfi has received OCC approval to establish a national trust bank.

I said this back in February. At the time, WLFI had already clearly indicated it was applying. After six months of hard work, they finally got approved.

1️⃣ Who are the companies that hold this license?

Ripple, Bridge (Stripe’s subsidiary), Paxos, Fidelity Digital, Erebor Bank, Crypto.com, BitGO—plus the one that just went public on the Nasdaq.

They’re all top-tier companies in the industry. From who holds this license, you can see how valuable the license really is.

2️⃣ What is this license for?

1. Put simply: because the U.S. is formed step by step by 50 independent “political entities.” Each state has its own distinct history and cultural foundation before joining the federation. And since the federal government supports states in implementing their own特色 policies, different states have different laws.

So to go through the compliant route, you’d need to apply state by state.

Now with this license, companies holding it can do trusts, custody, asset management/safekeeping, and related financial services under a single federal regulatory framework—rather than applying state by state or relying on partner banks.

Having this license = a “regulatory passport” into the U.S. mainstream financial system.

2. About those who said the team would run off—there was risk before. Now, it should be considered totally dead in the water.

I’ve run into FUD about WLFI several times this year.

With the endorsement effect brought by this license...

Combining this with the first point: who gets it, who has it—its value is crystal clear.

3. For WLFI, it’s essentially USD1 receiving national-level recognition.

USD1 receiving national recognition → naturally gives it a first-mover advantage in enterprise adoption of digital dollars.

Even though we can’t say USD1 *is* digital dollars, this kind of endorsement will remain solid in the future stablecoin wave.

Countless U.S.—and even worldwide—companies, when thinking about stablecoins, will treat USD1 as one of the key options.
$WLFI

Dad taught me a small detail about saying goodbye:

When you’re sending someone off, you should wait until they can no longer see you before you leave. He said if someone turns back and finds you’re gone, they’ll feel disappointed in their heart.

I’ve remembered this detail for many years. Now that it’s my turn to send someone, I’ll stand a bit longer; and when it’s my turn to be sent, I’ll turn around and look—just a glance—at the person still standing there. I won’t say anything, yet it makes me feel: no matter how far I go, there’s a pair of eyes guarding the road you’ll take back.

A real goodbye isn’t just waving and saying “see you again,” but quietly carrying on the presence of “I’m here” right to the very last second.

I urge everyone: when you have money, you must always leave yourself a way out. My cousin is 56 this year. In the past he ran a building materials business, and back then he could earn several million a year.
At his most glorious, his net worth was over twenty million—an apartment of over 300 square meters in the city, two 120-square-meter apartments in the county, plus three storefronts, and he drove a Mercedes S-Class.
During the New Year, all the relatives would swarm around him. When it came time to eat, he wouldn’t pick up the chopsticks; at the same table, nobody dared to move—just that kind of situation.
A few years ago, the building materials business wasn’t doing well. He wasn’t willing to give up, so he went into aquaculture and invested more than four million to build a fish farm.
I told him, “Brother, you’ve never done this before.” He said, “It’s fine—I’ll hire technicians.” Later, batch after batch of fish died. The technician ran off himself, and everything was a loss.
You’d think he’d stop then, but he didn’t. He teamed up with a friend to open a hotpot restaurant—buffet style. I asked him, “Brother, can this really work when you start over from scratch?” He said, “Restaurant business has good cash flow.”
The first place lasted eight months. The second one closed after just half a year.
He sold his apartment in the city to plug the gap, and he also sold two storefronts in the county—one of the apartments got liquidated too.
The last time I saw him, his hair was all white and he’d lost a lot of weight. Back then he drove a Mercedes; now he rides an electric scooter.

Trivia:

Vietnam is the only country in Southeast Asia that, almost never, carries out large-scale telecommunications scams targeting China.

Which industry has already quietly collapsed?

But people outside the circle haven’t noticed yet

On the subway, two ragged-skinned, dark-faced migrant workers
were looking at a girl nearby playing on her phone Top
One of the migrant workers asked:
Girl, your phone is really nice
How much is it? I want to buy one for my daughter too..
The girl said disdainfully:
"It’s over ten thousand. Just forget it—you can’t afford it even if you ask.."
At this moment, the other migrant worker said
"Bro, forget it. Don’t buy it. It’s basically your half-month’s wages
Around them, everything went silent instantly"

Pressure-resistance as tough as potato chips

A massive unemployment wave is already visibly approaching

What should we do? So damn anxious

How震撼 is the Potala Palace?

Abstract, but can't laugh

What kind of person is Li Ka-shing, really?

International trends look to Britain,

China’s trends look to Jia-cheng.

《Cow Comes》 took 6 years to make, with an expected return on investment of about 5700% 😂, far exceeding 《Ne Zha》’s 817% return.

This image is legendary—I have to sign up for the International Photography Awards

My cousin worked a summer job at Mixue Bingcheng, and when he came back he told me a rule.

After I heard it, I just stared for a long time. Their drink employees can drink freely—no charge at all—but there’s one red line they absolutely can’t cross: don’t touch the paper cups.

Whoever touches the paper cups gets severely punished? I didn’t understand at the time. I said, a cup only costs a few cents—what’s the big deal? My cousin said: Every day after closing, they reconcile the books. They don’t count money— they count cups. How many cups are used has to match how many orders there are; it can’t be off by even one. The cups employees use to try drinks are special tasting cups, not part of the regular cup inventory. If anyone takes a proper cup, the accounts will suddenly show an extra entry with no way to trace it. The whole store will still be balancing the books until midnight and still won’t get it to add up.

Free drinks are a matter of goodwill, but moving the cups is breaking the rules. You make people comfortable, but the rules can’t bend even halfway.

China’s entertainment industry variety show’s first to reveal nudity

Too hard to put into words— that platform, they even don’t dare to say it

Do you have any thoughts about pretty female colleagues?