Jagger

The funniest joke today is that the Middle East war affected Dubai, making Hong Kong a crypto financial center again.
The Holy Roman Empire is "neither holy, nor Roman, nor an empire."
Hong Kong is neither crypto nor financial, and certainly not a center.

There is no need to panic over BlackRock and Blackstone credit funds restricting redemptions.
Taking HLEND as an example:
1/ The loan recipients are highly diversified, with the top 10 lenders accounting for only about 13%. Currently, none of the leading lenders are at risk of default, and even individual defaults would not affect the overall situation.
2/ Over 99% are senior secured first lien loans, with an average weighted LTV of no more than 50%. Even in the case of defaults, the probability of full repayment remains very high.
3/ The so-called redemption pressure is just a mismatch of mat

Q: Why isn't Manus's cloud-based form popular, but projects like Openclaw that are complex local deployments are successful?
A: Manus's cloud-based form is like renting, while local deployment is like buying a house. Chinese people have a strong obsession with buying property.

AI is very effective in breaking the information cocoon
On social media, there are two extremes in describing the US-Israel-Iran conflict:
1) One description is that Iran has no means to fight back, and the conflict is a one-sided affair with no suspense
2) The other description is that the US no longer has the suppressive capability it once did, and may even drag itself into the mud, while Iran's counterattacks have achieved significant results
At this point, AI is needed: don't talk nonsense, just state the facts objectively

Huizhou's disadvantages are also quite obvious:
1) Winters are warm, but summers are really hot. Shenzhen can go from underground garage to underground garage, and the subway's air conditioning is so cold you need to wear a coat, but Huizhou can't. If you go swimming or take a walk by the sea, you'll get sunburned in minutes. Additionally, there are a few very humid days each year.
2) The business environment isn't that good, for example, the fruit stand's scale, a 500ml bottle of Yibao weighing 700 grams, that's considered an honest merchant.
3) Too many mosquitoes.
4) It looks close to Shenz

There was originally no anti-lick in this world.
As more people indulge, anti-licking emerges.

The three major contradictions in using OpenClaw currently are:
The contradiction between the increasing number of saved articles and not having time to read them
The contradiction between the growing number of ideas and the high cost of Tokens
The contradiction between increasing subscription fees and not knowing how this thing makes money

I truly feel the deflation of the domestic economy.
Over the weekend, I drove back to Shenzhen and had to stay overnight in a prefecture-level city in a certain central province.
I found a four-star hotel in the city center that includes double breakfast + afternoon tea + unlimited coffee. After using all discounts and platform points, it only cost 130 CNY.
It's like staying for a month with food and drinks included, no need to pay for utilities, and someone cleans the room every day. Is this price really just 4K? In Shenzhen city limits, you can't even rent a one-bedroom apartment for that.
I

USD1 is fine.
But right now, buying only yields a 0.3% profit, so it's not really necessary.

That non-hedge fund in Hong Kong that dumped IBIT obviously isn't Li Lin. Li Lin buying these small potatoes and dates is unlikely to add leverage.