Whether or not cryptocurrencies have the “worth” attribute of “cash”tiktok girl

apps like tiktok Criticism of cryptocurrencies, or crypto belongings, appears to have risen sharply just lately, from worldwide central bankers and monetary regulators to warnings from the market, and even educational criticism.
Former Federal Reserve Chairman Ben Bernanke was requested about bitcoin when he left workplace and stated, ‘I do not oversee it.’
So, by way of content material or so-called substance, can crypto belongings be “forex”?
Technically, how one can outline “cash”?
Is there a transparent definition of “cash” in economics textbooks?
A broader view of cash goes again to the dialogue of “cash” within the period of political financial system, then often known as “coinage”.
This exhibits that the evolution of cash determines that financial principle additionally wants fixed adjustment and innovation.
In actual fact, politics
So how can we borrow from the period of political financial system to reply the query of whether or not crypto belongings are forex?
“Worth” is the “meta-concept” of political financial system.
Quesnay, the physiocrat, opposed this understanding or place, and as an alternative of discussing the query of what wealth is, he raised it to a better stage and mentioned the supply of wealth.
It ought to be famous that worth isn’t the “unique idea” of economics, however derived from the considering and refutation about wealth within the period of political financial system.
Fashionable economics to do away with the shackles of the political economics period worth philosophy considering, and pay extra consideration to the worth downside, essence of “worth” is changed by “variety of details”, on the speculation of financial is the so-called “amount” to interchange the “worth”, set to paper cash and COINS period period transition “self-discipline”, the variety of constraints
So long as it has worth, it’s more likely to be universally accepted, and thus, each on the similar time, it may be “cash”.
The argument that crypto belongings don’t have any worth in any respect lies in the truth that crypto belongings represent neither consumable items nor acceptable providers. Their worth is digital, and their essence is “nothingness” and “air”, and subsequently, they don’t have any worth in any respect.
The worth of crypto belongings isn’t on the bodily stage. So, is it on the fairness stage like shares, SDRs, and so forth?
Any opinion or place that negates the worth of crypto belongings should handle the utility of crypto belongings inside the digital neighborhood.
At 7:17pm on Might 22, 2010, Laszlo Hanyecz, who lives in Florida and works for Goruck, a web based retail firm, used 10,000 Bitcoins to purchase two pizzas.
Whether or not properly or badly run, crypto belongings are measured or run inside the digital neighborhood through which they happen as a matter of initiation, in a self-evolving state or course of.
What’s digital forex?
In conclusion, crypto belongings might function carriers or channels for digital cash primarily based on the utility of their digital communities, however it’s too early to say that they’ve the “worth” properties of “cash” within the first place, and it will be dangerous to say in any other case.
Zhou Ziheng
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Chip Demand Soars TSMC’s Q1 income rose 17 % from a 12 months earlier to document third quarter in a row

TSMC headquarters
Chip contract manufacturing large TSMC reported income of NT $362.4 billion (US $12.7 billion) within the first quarter, up 17% from a 12 months earlier, setting a document for the third consecutive quarter and underscoring the corporate’s main place because the world’s No. 1 superior chipmaker.
TSMC’s first-quarter income additionally beat analysts’ expectations.
TSMC makes chips utilized in most fashionable digital gadgets, from Apple Inc’s iPhone to sensible TVs and linked vehicles, making it a key hyperlink in world provide chains.
To deal with the chip scarcity, TSMC has been working at greater than 100% capability utilisation charges for the previous 12 months, in line with David Wei, TSMC’s CEO.
TSMC’s shares have greater than doubled prior to now 12 months.
Extra first-hand information, welcome to obtain phoenix information consumer subscription phoenix community expertise.

In response to Tesla’s assertion, EveCar mentioned it had been entrusted by the proprietor to order current vehicles on the Tesla retailer in Changsha

Ifeng community expertise information on the night of August 19, the opposite occasion of the Pinduoduo group buy Tesla occasion, acceptable automobile issued a press release, introducing its help to Wuhan “refuse to pay door” house owners elevate the automobile course of.
Eimai mentioned that the following day after the “non-payment gate” incident occurred, they had been entrusted by the proprietor to substantiate a present automobile on the Tesla retailer in Changsha, paid 270,550 yuan to the Tesla account on August 18, and picked up the automobile on the identical day, delivered it to Wuhan and delivered it to the client.
In a press release, EveCar pressured that it takes obligation for all actions taken to help prospects within the supply course of.
Pinduoduo mentioned yesterday night that with the assistance of Yimai and Pinduoduo, the house owners of Groupbuy who had beforehand been rejected by Tesla and cancelled their orders had efficiently picked up their vehicles and insured their automobiles.
Subsequently, weibo licensed as “tesla Chinese language staff of overseas, mentioned the identical day at 9 PM to 9 a.m. tesla employees nonetheless in the identical spell extra occasions in wuhan prospects purchase vehicles,” however greater than eight factors so are reported within the information of his consideration to the “, the individual mentioned, “bare false information!”
Tesla launched a press release at the moment, accusing the so-called “Wuhan Automobile House owners Supply” of “making information by themselves and by themselves.”
Tesla pressured that it has by no means blocked any house owners and has by no means blacklisted them.
Tesla mentioned that in line with the supply information, the order was positioned on the official web site on July 28, whereas the time when Tesla canceled the Wuhan proprietor’s order was August 14, which isn’t in line with the proprietor’s description that he positioned the order within the identify of his relations as a result of being blocked.
Yimaicar is the earlier Pinduoduo group buy of Tesla gross sales store.
The corporate focuses on the sinking market.
The next is the complete textual content of the assertion:
1. Tesla claimed that “Wuhan house owners’ automobile pickup is faux information”, which is “a farce directed and staged by Pinduoduo, Yibuqi and Wuhan house owners”.
The automobile is model new and the receipt is actual.
2. How do you assist the proprietor elevate the automobile?
After the “non-payment gate” incident of Tesla occurred on August 14, we instantly contacted the proprietor and actively tried to implement the supply of the car.
After we contacted the proprietor, he nonetheless wished to get the automobile as quickly as attainable.
3. A lot of on-line advertising and marketing claims that the house owners of this public sale are the relations of Yizhi and Pinduoduo staff.
We assume obligation for all actions taken to help prospects within the supply technique of reserving a automobile.

Russia’s central financial institution plans to check a digital ruble prototype in 2022

Russia’s central financial institution will create a prototype of the digital ruble by the tip of 2021 and plans to begin testing the prototype from the primary quarter of 2022, Olga Skorobogatova, the financial institution’s first deputy governor, stated on Thursday.
The Central Financial institution of Russia is known to have proposed the idea of a digital rouble in a report in mid-October 2020.
Russia’s central financial institution has reportedly been contemplating the launch of a central financial institution digital foreign money (CBDC), the digital ruble, since late final yr.
In 2022, the Central Financial institution of Russia will draft the required regulatory specs to combine its model of the central financial institution’s digital foreign money into Russia’s monetary system and pilot the digital ruble prototype with banks and different monetary establishments, the report stated.

Didi plans to file paperwork this month amid renewed rumors of a U.S. IPO

Phoenix community know-how information on April 9, right this moment, it’s mentioned that Didi Chuxing selected Goldman Sachs, Morgan Stanley to be liable for its IPO in the USA, plans to submit the itemizing paperwork secretly this month.
The transfer follows media stories that Didi Chuxing is leaning towards a US itemizing over Hong Kong, with an anticipated valuation of $100bn.
“Didi will select this level to construct a automobile, or pave the way in which for the IPO valuation,” mentioned Zhou Lijun, an auto analyst who not too long ago introduced the launch of the undertaking.

Can the ceiling of Tesla cease Pinduoduo and the supply boy?

A technical secondary faculty graduate, who has been working as a Courier in Wuhan for 10 years, adored Musk and dreamed of shopping for a Tesla, however his earnings was restricted and he did not manage to pay for till 20 days in the past, when he grew to become one of many contributors in a Tesla group occasion collectively held by Pinduoduo and Yi Bui Che.
Nevertheless, when it arrived on the supply stage, the supply boy was informed by Tesla that the supply was rejected.
However the precise reply might not lie in both of Tesla’s choices.
The odd factor is that on August 16, a automobile proprietor from Shanghai, who was additionally the winner of the Pinduoduo group shopping for marketing campaign, stated he had efficiently picked up his automobile and secured the insurance coverage.
On August 16, the primary group buy proprietor of Pinduoduo’s “time-limited seconds kill” channel picked up his automobile in Shanghai.
“The position of Pinduoduo and YiMaiChe is to pay for vehicles on behalf of customers, which isn’t prohibited by regulation.”
As for the Tesla Mannequin 3 delivered by the Courier, PinduoDuo stated that it helps customers’ authorized rights and actively implements the supply work of the car.
The proprietor of the automobile has chosen to facet with Pinduoduo, and in response to experiences this afternoon, the proprietor remains to be planning to Sue Tesla.
The foundation explanation for this dispute is the e-commerce platform actions represented by Pinduoduo tens of 1000’s of individuals and tens of billions of subsidies. The channel system that has been firmly held by the model facet previously thinks that it has an affect on itself.
Tesla adopts the worldwide direct gross sales mannequin, with clear and unified costs. Nevertheless, the frequent worth cuts of Tesla are referred to as the victory of “the occasion of wait”. In response to incomplete statistics of PingWest, previously two years, Tesla has adjusted the worth greater than 10 instances.
The Tesla model’s technological sense and price ticket that units it other than different electrical vehicles has made it a middle-class standing image.
Pinduoduo.com began in a sinking market, however almost half of its new customers are from first – and second-tier cities. The model is inevitable to rise. discover a stability between the pursuits of customers and types whereas giving subsidies and earnings is an inevitable hurdle for Huang Zheng to keep away from on his means up.
By means of this greater than a yr of uplink observe, a part of the spell of holding a counterfeit, pretend hub of consumer perspective has been become “spell extra scrumptious,” the impression of quick employee additionally progressively from “LOW” improve “to” earthy “, “two platforms of agrestic breath has been significantly diluted, however if you wish to fully eliminate stereotypes, apparently additionally will take time.
To spice up the model, Kuaishou invited Jay Chou to do a reside broadcast on the finish of July in an try and label the platform as a pattern, however the each day toss alone wasn’t sufficient to tear down the wall in individuals’s minds.
Each Pinduoduo and Kuaishou’s upward strikes accelerated abruptly in June 2019.
On the eve of the 618th of that yr, Pinduoduo collectively launched a ten billion yuan subsidy exercise which was later adopted by different e-commerce giants. Apple sequence merchandise, Dyson dwelling home equipment, BOSE, Sony earphones and different merchandise focused at center and excessive earnings teams appeared within the listing of enormous subsidies. Amongst them, Apple is the benchmark that Pinduoduo has performed for the upward route.
Pinduoduo’s tangle with Apple goes again even additional.
It may be stated that final yr’s 10 billion yuan of subsidies helped Pinduoduo obtain the double click on of the variety of customers and GMV — the dividend of the sinking market remains to be there, and the ten billion yuan of subsidies additionally started to seize customers within the first and second tier cities.
Apple has additionally progressively change into a watchdog for Pinduoduo’s 10 billion yuan subsidy. On the finish of final yr, Solar Qin, co-founder of Pinduoduo, stated that Pinduoduo is now one of many channels via which iPhone gross sales are comparatively massive.
The important thing classes Pinduoduo makes use of to succeed in customers in first – and second-tier cities additionally embrace magnificence merchandise.
This yr, Pinduoduo is concentrating on automobile classes with greater costs for patrons.
With Pinduoduo launched 10 billion subsidy technique of the identical interval, on June 18 final yr, Kuaishou launched a full inner letter clearly said that Kuaishou will change the group, optimize the construction, iterate the product, and clearly put ahead the primary purpose: 2020 earlier than the Spring Competition, to attain 300 million DAU.
Not way back, Kuaishou put its each day lively customers at 200 million.
Since then, Kuaishou has tried to dispel the stereotype of him.
However due to Kuaishou’s algorithm insurance policies and the general fashion of a lot of Kuaishou households, resembling Simba and Sanda Ge, the general public’s impression of Kuaishou has not been reversed.
In response to the alphabetized listing, after Kuaishou gained the cooperation with CCTV Spring Competition Gala in 2020, the spokesman of its New Yr’s greetings commercial is Jay Chou;
In contrast with the inexperienced gentle all the best way down within the sinking market, Pinduoduo and Kuaishou often encountered yellow lights on the best way up.
Though as one of many necessary gross sales channels, Pinduoduo has contributed lots of gross sales to Apple, Dyson and different merchandise, these massive manufacturers haven’t entered the market for a very long time. Hai Lan Mui, Dyson and different manufacturers have issued official statements to tell customers of their official gross sales channels, and Pinduoduo will not be included within the listing.
Tesla’s response has been much more aggressive this time, for 2 causes.
One is worth.
Tesla refused to supply car of wuhan homeowners have such a plan, in response to the Chinese language JingJiWang experiences, the buyer, stated on the spelling of purchase tesla as a result of, earlier than their is a Courier, earnings will not be excessive, however like know-how merchandise, to purchase the automobile is beneath lots of willpower, “tesla resembling I initially thought, or scale back the worth, or I will save more cash.
The Tesla subscription settlement disclosed to this point reveals that the client and identification data is the client himself.
Shortly after Pinduoduo launched the Tesla Ten Thousand Group occasion, Tesla adjusted its reservation coverage, altering the earlier 20,000 yuan (refundable) deposit to 1,000 yuan, and including further necessities that the 1,000 yuan deposit is non-refundable and non-transferable, and customers want to choose up the automobile inside 180 days.
Second, model positioning.
For Tesla, Pinduodo’s subsidy is equal to kicking open a door of Tesla’s strict channel system and worth system, which is actually welcomed by customers. Though Tesla will not be comfortable, the regulation might not be on Tesla’s facet.
“So long as a buyer locations an order and fulfills the cost, Tesla is sure to honor the settlement. There isn’t a authorized foundation for canceling the order and refusing to ship the car, which constitutes a breach of contract.”
Though it is not straightforward to smash via layers of ceiling, Pinduoduo and Kuaishou have just one means up.
In the beginning of this yr, Kuaishou introduced that its each day lively customers exceeded 300 million. Within the first quarter of 2020, the variety of month-to-month lively customers of Pinduoduo.com was 487.4 million. It may be anticipated that with the enlargement of its consumer base, it’s an increasing number of troublesome to faucet the customers of the sinking market, and the dividend impact of the sinking market is declining.
For Pinduoduo, its mixture of primary commodities resembling agricultural merchandise and client staples with big-ticket gadgets resembling electronics is the important thing to its future profitability.
After publishing the article “Pinduoduo and Apple Teslas’ hate and love”, some readers stated that Pinduoduo’s taking part in methodology is easy, tough and efficient.
The reader additionally factors out that this enterprise logic is fraught with unwanted effects and excessive threat.
And when you ask how the drama between platform and model over customers will play out, you may strive to think about it this manner — customers will vote on worth, and types will in the end vote on consumer numbers.

Tesla response: not shielded Wuhan automobile house owners on the self-directed and self-produced information expressed indignation

Phoenix community expertise – August 19 morning information, tesla response “needs to be a automobile and choose up the automobile, many homeowners to help wuhan success” in accordance with reviews, by no means will block any house owners, we’ve got this by co-writing and make information, malicious to mislead public opinion expressed sturdy indignation, and urge the related events to abide by the fundamental enterprise morals.
From 8 PM to 9 PM on August 18th, a lot of reviews titled “Preferrred to Purchase Vehicles and Pinduoduo to Assist Wuhan Automotive House owners Efficiently Decide Up Vehicles” appeared on the Web, which confirmed the supply means of automobile house owners’ choosing up within the type of footage and footage.
At 1 o ‘clock within the morning of August 19, the automobile proprietor all of the sudden gave an interview to the media in the course of the night time, saying that he had positioned an order within the title of his household, as a result of his title was blocked and he couldn’t purchase the automobile.
Right here, we make the next rationalization:
1. Tesla has by no means shielded any proprietor, nor has it ever had a blacklist.
2. We’ve been actively speaking with the proprietor from the start to the top, and have taken the initiative to offer a wide range of options, which have been rejected by the proprietor’s “household” on the scene.
3. In keeping with the supply knowledge, the automobiles picked up this time have been ordered on the official web site on July 28, whereas our firm cancelled the order of the proprietor in Wuhan on August 14, which is inconsistent with the outline of the proprietor who positioned the order within the title of his household as a consequence of being blocked.
4. Within the report of the so-called “Wuhan Automotive Proprietor Supply”, the trailers used, signing paperwork and supply operation procedures should not in keeping with Tesla’s supply specs, not Tesla’s regular course of.
5. Our firm reserves the best to pursue the authorized legal responsibility of related events.

The place does the Tesla get to the entrance of the mountain?

First, in Tesla’s house market of North America, a luxurious electrical automobile with a particular identify (Lucid Air) is on the way in which, and the brand new automobile maker hopes to kick off its problem with the Sept. 9 launch.
The Lucid Air’s killer shot is to beat the vary of the Tesla Mannequin S, which its promotional supplies present can go about 500 miles on a single cost.
A two-hour cost with a spread of 500 mi (mi) appears to be the usual for a lot of new electrical autos.
Along with the Lucid, a number of different upcoming electrical automobiles are additionally making an attempt to bridge the hole with Tesla.
Whereas Tesla’s electrical automobiles even have respectable vary, every of those upstarts may very well be profitable in squeezing Tesla’s market area (in numerous product strains) indirectly.
The Lucid Air is a normal all-electric automobile that runs on rechargeable batteries, so it’s comparatively gentle.
The Lucid Air’s powertrain is designed to run at 900V, in contrast with 250 to 400V for many electrical automobiles available on the market.
Lucid Air official show photograph
With the announcement of the brand new automobile’s launch, the brand new automobile firm additionally invited abroad skilled media Motor Development to conduct a check, the ultimate measured vary of 490 miles (788 km).
In the meantime, international media have additionally been paying shut consideration to Toyota’s Prius Prime 2021.
On the value entrance, the prompt retail worth for the entry-level Prius Prime begins at $28,220, the mid-level X LE begins at $30,000, and the top-of-the-range Restricted begins at $34,000.
The 2021 Prius Prime can have upgraded safety and Android Auto performance within the fundamental LE mannequin (however not the very best model).
The present mileage of abroad mainstream new vitality fashions
As a plug-in hybrid, the Tesla Mannequin S is not precisely the Mannequin to be in comparison with, however the automotive press has usually in contrast the 2 — particularly the Prius Prime, the premium model of which has an enormous LCD display screen that appears like the within of a Tesla.
In comparison with its rivals, the Prius Prime is a little more costly than the Hyundai Ioniq plug-in, however cheaper than the plug-in variations of the Kia Niro, Honda Readability and Subaru Crosstrek.
Talking of Challenger, Nikola (NKLA), a brand new American automobile maker, must be talked about.
Nikola has launched three fashions up to now: the Nikola One (a hybrid with a spread of 1,900 km), the Nikola Two (a hybrid with a spread of 1,100 km) and the Nikola Tre (a pure electrical with a spread of 500 km).
The hybrid pickup, which is anticipated to hit the market in 2021, makes use of a mix of a battery pack and a hydrogen gas cell to drive an electrical motor and is alleged to have a spread of as much as 600 miles.
Tesla’s numerous fashions are being challenged by new forces in world automobile making
At present, Nikola’s Badger, Fisker’s Fisker Ocean (all-electric SUV) and Lordstown Motors’ Endurance (all-electric pickup truck) usually are not in mass manufacturing, however these new vitality fashions have been unveiled.
Nikola’s Badger has but to hit the market, however on August fifteenth it acquired an enormous order from Republic Providers, an American agency that offers with innocent stable waste, for two, 500 rubbish vans utilizing Nikola’s Badger hybrid mannequin.
Along with the above new forces, there are lots of conventional large factories that may or have launched pure electrical autos within the close to future. Apart from the three primary gamers of BBA, Hyundai Motor introduced on Monday that it’s going to introduce two manufacturing strains devoted to electrical autos, the primary of which can begin manufacturing as early as subsequent yr.
To date, for those who rely NIO, Xiaopeng and Supreme, that are at present within the limbo in China, Tesla has certainly encountered all-round challenges from the brand new and outdated automobile producers in China and abroad markets.
And from the fourth quarter of this yr by way of 2021, these challenges will proceed in a endless wave.
With regards to the Chinese language market, it is value placing Nio, Xiaopeng, Supreme and Lucid (the upstart luxurious electrical sports activities automobile) collectively and easily evaluating them with Tesla.
The primary motive for the inclusion of Lucid is the American new-energy automobile firm’s deep ties to the Chinese language market and to Tesla.
As for the feud between Musk and Tesla, I will not go into particulars right here. It is nothing greater than the poaching of a lot of Tesla executives, particularly the poaching of Peter Hochholdinger, the vice chairman of manufacturing of Tesla in 2019, which makes Musk’s enamel itch.
In some methods, though the value could also be larger than Tesla’s complete lineup, Lucid is a brand new powerhouse that is aware of the Chinese language market — and Tesla — properly.
As well as, from the angle of battery life and price efficiency, Tesla is most certainly to come across challenges within the Chinese language market within the subsequent yr, primarily from Supreme, Nio and Xiaopeng.
Nevertheless, within the home market, the Supreme One (800 km NEDC vary) and the Xiaopeng P7 (700 km vary) each surpass or are near Tesla’s degree in contrast with the best-selling Mannequin 3, regardless of variations in statistical strategies.
Because the world’s largest marketplace for electrical autos, China’s automobile consumption surroundings is ever-changing, not least as a result of Tesla does not have an absolute benefit in vary.
As for NIO and Xiaopeng, along with the price efficiency benefit and the advance of the vary, the 2 new automobile enterprises are additionally continually rising within the charging pile market, forming a extra complete competitors state of affairs with Tesla.
If you happen to simply take a look at the marketplace for the primary six months of the yr, it is clear that Tesla is manner forward.
In accordance with the China Automotive Data Community, Tesla registered 11,456 new automobiles in China in July, whereas the quantity dropped 24 % from June, in accordance with information from the Affiliation of Vehicle Producers of America (CAIN).
It is value noting that Tesla simply set a brand new report in China in June, and its general first-half gross sales far outperformed these of Nio, Supreme and Xiaopang.
So why is that this small change in July noteworthy?
In accordance with Cain, Nio’s new automobile registrations tripled in July from a yr earlier to three,533 models.
With sufficient ammunition, it is solely pure that China’s homegrown automobile start-ups will launch a brand new offensive in opposition to Tesla.
In fact, from the angle of the capital market, the gradual restoration of China’s new vitality car market is a serious optimistic for the entire business.
Traders in abroad markets appear to imagine it extra. At the very least the inventory costs of many U.S. inventory corporations listed on new vitality autos have risen about 200 to 260% up to now this yr, much better than the S&P 500 and Dow Jones Industrial Common, and even higher than the typical rise of conventional auto shares.
【 Conclusion 】
For Tesla, the objective is to develop into the world’s most respected auto firm on the monitor of recent vitality amid fierce competitors.
By the way in which: Tesla shares closed up 1.83% (to $1,650.71) on Friday after the July gross sales in China have been reported by international media final week.

The pinnacle of Samsung, Lee Jae-yong, has prolonged his post-operative remedy to return to detention

China Information Community on April 9
Samsung’s Seoul hospital has mentioned that Samsung Electronics Vice Chairman Lee Jae-yong, who underwent appendicitis surgical procedure on March 19, wants three weeks of remedy, and not too long ago urged that he obtain one other 10 days of hospitalization, South Korea’s authorized neighborhood mentioned on Tuesday.
The report mentioned the Seoul detention heart accepted the hospital’s recommendation and would observe the remedy till subsequent week to debate a date for Lee’s return to the detention heart.
File photograph: Lee Jae-yong, vice chairman of Samsung Group of South Korea.
Because of this, Lee Jae-yong, who was scheduled to return to jail on April 9, was postponed to return to the detention heart.
Lee Jae-yong is the one son of Samsung Group Chairman Lee Kun-hee.
Lee Jae-yong was indicted in February 2017 for his function within the “cronyism” scandal involving former South Korean President Park Geun-hye.
Mr Lee was sentenced to 5 years in jail within the first occasion and two years and a half months suspended for 4 years within the second and launched.
On January 18, 2021, South Korea’s Seoul Excessive Court docket sentenced Lee Jae-yong to 2 years and 6 months in jail, he was arrested in courtroom.