Finance and Investment

The answer to this question, simply put: Yes, both in theory and often in practice, this is the case. Let me explain why in plain language. Imagine capital controls as a "wealth fence" a country puts ...

It depends on the location, but in most countries, it is not considered "legal tender." First, we need to understand a term: "Legal Tender." Simply put, "legal tender" is a form of payment that a coun...

This is quite an interesting topic to discuss, almost like something out of a sci-fi movie, but it's indeed a serious concern that people are actively considering.

This is an excellent question because it touches upon one of Bitcoin's most fundamental and paradoxical aspects. I'll try to explain it in simple terms.

You can think of a Bitcoin ETF as a "Bitcoin-themed stock." Before its advent, buying Bitcoin was a bit cumbersome. You had to register on specialized cryptocurrency exchanges, figure out how to use d...

Hello, this is an interesting question. I'll try to explain my thoughts in plain language. Comparing Bitcoin with gold and real estate essentially means viewing it as an "asset.

It's a two-sided coin: both a weakness and an inevitable outcome of a natural developmental stage. We can think of it like the stock of a high-tech company that's only been public for a few years, suc...

Of course. Think about it: fifteen or twenty years ago, if you wanted to buy something online from a seller in another city, and neither of you knew each other, what would you do? Would you transfer t...

Okay, let's talk about this. To understand Starlink, you first need to understand Elon Musk himself. The ultimate goal of all his companies, as he himself has stated, is for humanity to become a "mult...

Okay, let's talk about this topic. Imagine if you were Elon Musk over a decade ago, wanting to sell electric cars. You'd face a fundamental question: Why would anyone buy your car? At the time, people...

Imagine you're suddenly thrown onto an unfamiliar desert island. All your previous plans, the map you brought (let's say a city map), are now useless.

Good question. If you think about this problem using "first principles," it's actually quite simple. It can help you strip away complex layers and see the essence.

Good question, let's talk about this. Don't overcomplicate it; first principles thinking means you act like a "devil's advocate" who knows nothing, digging into every question until you find the most ...

Sure, this topic is most interesting when discussed in plain language. Let's simplify these terms: Platform Company: Imagine a farmers' market.

Good question, it's not as mysterious as it sounds. "First Principles," simply put, means stripping away all the concepts, labels, and narratives that everyone else is echoing, to see what the busines...

Let's put it this way, let's simplify things. First principles thinking, in plain terms, means "getting to the bottom of things," breaking down an issue into its most basic, irreducible "building bloc...

Certainly, this isn't complicated. Let's break it down thoroughly. First, don't get intimidated by the term "First Principles." Just understand it as: getting to the root of things, constantly asking ...

Good question. This concept might sound abstract, but in essence, it's a "get to the bottom of things" way of thinking, like a detective, rather than just following the crowd.

To avoid oversimplification, the key isn't to make problems more complicated, but to ensure your "simplification" is of high quality. This might sound a bit convoluted, so let me explain with an analo...

This is actually quite interesting. We can imagine it as how a particularly wealthy and far-sighted family manages its finances and raises its children.