Breaking through from zero to $1 billion in 30 days: Binance is opening the door to Wall Street for the world
30 days 1 billion 3 billion 41 million These numbers are the data of Binance’s US stock trading 30 days is the timeframe 1 billion is the managed scale 3 billion is the cumulative transaction volume 41 million is the daily net inflow Terrifying? Very terrifying Not only the above data—there are also a few other points that are the core factors behind Binance becoming the winner in this wave of US stock trading 1. It breaks the conventional customer-acquisition logic of traditional finance Traditional logic: go to New York, go to London, go to Singapore, go to Hong Kong—draw in users by targeting the most mature financial centers Binance logic: go to Southeast Asia, go to South America, go to Africa, go to West Asia—acquire users in the emerging markets with the most potential
I have a distant uncle in my hometown whose mind is incredibly quick. Not the kind of smart that comes from reading lots of books. If you tell him something, he can immediately tell where the problem lies. If someone’s business loses money, he hears a few sentences and knows exactly what went wrong. If someone in the village gets tricked into investing, he listens and says right away it’s not reliable. And when others argue for half a day, he can unravel it in just three sentences. But his whole life hasn’t been that great. When he was young, he worked in a factory. Later he did transportation, sold things at stalls, and even partnered with others to make a bit of small business. Now he’s over fifty, still renting a place to live, with not much money in hand. Do you think he’s stupid? Not at all. It’s just that life never really got better for him. Later I realized that sometimes, being smart can only help you “see through” things—it doesn’t necessarily let you “turn your fortunes around.”
Li Xiaolu has also become an old man who’s on his last legs—an old man who brought it on himself, an old man who’s been abandoned by the times.
Recently, the 45-year-old Li Xiaolu complained online that there’s no acting role for her, no job to do, no income, she can’t even get goods out, and she can’t even post videos of herself dancing—she has no traffic and has been rate-limited.
Li Xiaolu reflected that she’s a love-brain. When I heard it, I just wanted to laugh—what kind of love-brain is this? This is the kind of low self-respect when you’re scheming and cheating out of your own choosing.
Jia Nailiang is a responsible good man—tall, handsome, rich, and also very good to her.
But some women are like that—they’ll still act out. The better he is to her, the more she thinks this man is without challenge, without use.
So she ended up getting together with a young rapper, PG One. She would run out to “do her hair” at the drop of a hat, and even brought this guy back home to eat dumplings.
Once this sordid affair was exposed, she not only lost her backer, Jia Nailiang, but also lost her fans—her general public reputation was gone too.
It’s probably that now PG One doesn’t pay her any attention anymore. Her career has also failed, and now she’s back to selling sympathy.
People—some mistakes cannot be made, especially principle-based ones. If you make them, you won’t be able to turn your life around for the rest of your life.
Back then, if she hadn’t pulled this stunt, she would now be doing live-stream shopping with Jia Nailiang as a couple, building a “lovey-dovey spouses” persona. She’d probably be making money hand over fist. Fans would want to watch that—there’d be no worry about not having work.
Every time I see a college couple go on a trip together,
I can’t help but wonder: when staying in a hotel, do they book one room or two rooms? And if they book one room, does it feel awkward—like it’s not very proper if they’re not married yet?
Mother-in-law’s birthday. The eldest son-in-law put in 1,000 yuan, the second son-in-law put in 900 yuan, the third son-in-law put in 800 yuan, and the fourth son-in-law, after gritting his teeth, gave 10,000 yuan directly. Years passed. Everyone else bought cars and houses and started living a good life. Only the fourth son-in-law is still standing in the same place. Why is that?
Coordinates are ordinary in the second or third tier of cities; with everything I’ve got, I can scrape together about 200,000 yuan. I don’t want my child to keep competing domestically for educational credentials. Before they start primary school, I plan to bring the whole family to change environments and go to Southeast Asia or a low-cost country in Europe—either works. For those who’ve done it before, could you point me in the right direction? With this amount of money, what route is the safest and the most cost-effective? I’d sincerely appreciate guidance.
I can’t quite understand this: if those people who smuggled themselves across the border to the U.S. to wash dishes knew that back home they only had to cross the wall, and that if they worked hard and managed things properly with X they could also earn dollars, wouldn’t their mindset fall apart?
The ultimate fantasy of East Asian parents: from childhood to adulthood, they excel academically and behave politely, they can call out all kinds of relatives, and in the very last second of their fourth year before graduation they still keep to their chastity—pure, shy, and never once looked at the opposite sex. One second after graduating, they ace the civil service exam, become a civil servant teacher, and then marry their partner who is also a civil servant. And in the moment of the embrace, they welcome a dazzling, golden baby boy into the world!
A passage from *Jin Ping Mei* in which Li Ping'er tells Pan Jinlian:
In this world, whatever is forbidden is usually for your own good, but they won’t give you any of it. And whatever they promote is often a trap that they need you to fill.
There are really so many single moms on Soul... In my opinion, the proportion is higher than on Xiaohongshu and Douyin!
On Soul, when I’ve matched with someone, every time I used to ask why they got divorced. Later I stopped asking, because 99% of them said it was domestic violence—either their husband abused them, or their mother-in-law abused them. Anyway, she’s apparently never at fault at all...
Today I matched with another one. And, same—I didn’t ask and just guessed: was it because of domestic violence? She sent several shocked emojis: How did you know!!!
Immigrating to developed countries is a must! In third-world countries, the cost of living might be lower—you have two pennies, people fawn over you, and it feels great. But there’s one thing: you must not get into trouble. If you run into problems—whether you get caught up in legal disputes or you end up with a serious illness—you’ll understand why that is a third-world country.
My friend, a marine biology professor at Tel Aviv University recently nearly lost his life because of this.
He has a research station on a small island in the Philippines, where he spends more than half the year. For over two decades it had always been peaceful and safe—until a few months ago, when he surfaced from a dive and found that both his legs were unable to move.
The most important classic emergency rescue drug—so much so that even surgeons use it—it's gone out of stock… Because the authorities suddenly cracked down on medicine quality, they found that this drug’s production line has “serious quality defects,” so production was stopped… The authorities said they’re being wronged: they claim that during last year’s bidding, they reluctantly chose the highest-priced bid—7 yuan per unit. The pharmaceutical company “bought in at an inflated price and produced carelessly”… The old master looked it up and found out how much one unit used to cost: 24.5 yuan…
I used to work at Huawei. There was a department called the Guest Service Department—full of beautiful women who had just graduated not long ago.
They weren’t the kind of pretty face-only display cabinet that “only” knows how to look good like a flight attendant. They had to be the kind of people who were proficient in English and French, and could handle responses with international clients smoothly.
Basically, after about two years, they would have broken up with their college boyfriend from back then. After around three years, they would marry the head of the Systems Department and then resign. Almost without exception.
That period right after graduating college was the peak time for women.
And yet it was the lowest, most depressed time for men.