Reading Bigeng｜Using "real control group" to analyze Appreciating Citizens 3.0

After reading the article Appreciating Citizen Web3 Revised to Welcome the Year of the Tiger .

The first thought is to express my sincere gratitude to several subscribers in the 2.0 period. I have helped you take snapshots. In the future, I will continue this link with "Lifetime Open Fireplace"!

Next, let’s talk about our thoughts on the 3.0 revision, including assumptions, numerical values, and analysis.

■ True control group

Appreciating the operation of Citizen 3.0 is to entrust a validator with such characteristics:

◍ High commission rate (for him)
◍ Low annual rate of return (for you)

If it's a bit extreme, the 100% commission rate (0% annual return) is the opposite of@WeLike. Use your earnings to subscribe to Citizen Appreciation 3.0, which is only supported by LikeCoin and is decoupled from legal currency (credit card).

So there is a simulation (not finalized) of entrusting 20,000 LikeCoin "principal". The "interest" generated every month at this time is similar to the original monthly fee plan of US$5 ... In short, the threshold of the new plan is so high?

However, in my humble opinion , I am not going to put these two options on the same scale. I think LikeCoin should be compared with LikeCoin. The same is true for fiat currencies. Let us use the " real control group" to think about it.

＊

✅ $LIKE vs $LIKE: Consumption vs. Deposit

If I were asked to guess how much "principal" should be entrusted? I prefer the number 15,000.

Because you could previously subscribe to Citizen Appreciation 1.0 with 15,000 LikeCoin. Referring to the current annual return rate of 17.63% (0% commission rate), assuming the conditions remain unchanged , the estimated monthly income is approximately 220 LikeCoin, worth US$5.12.

 15,000*0.1763/12=220.375

The numerical value is not important (just an example), the point is that we can make comparisons.

In the past, you had to " pay" 15,000 LikeCoin every year to pay the annual fee. But now, you only need to " deposit once " 15,000 LikeCoin to have a membership; the former is a loss, and the latter is a deposit. Baojie, what do you think?

⚠️ Virtual currency group, comparison ◍ Pay out every year vs deposit once.
◍ Loss vs Deposit.

The above is based on the thinking of "getting real money without moving".

＊

✅ Fiat currency vs fiat currency: consumption and investment

So what if you "want to touch" real money?

In the past, you had to " pay" $5 a month to buy it. But now, you only need to " exchange once " about 350 US dollars into 15,000 LikeCoin; the former is consumption and the latter is investment. Baojie, what do you think?

⚠️ Fiat currency group, comparison ◍ Pay monthly vs exchange once.
◍ Consumption vs investment.

To be honest, it is very convenient to take out the magic card. After the revision, the "convenience" has indeed declined, so you can't use it without thinking ; however, since the level has been pulled from consumption to investment ( mysterious voice: investment must have risks, investment can make profits and losses) , you should read the public prospectus carefully before subscribing ), I am willing to accept this "inconvenient" preparation in advance:

1. Since it is "investment" , a certain amount of capital is required, which gives us the opportunity to create a psychological distance and calmly think about whether to configure LikeCoin to become a part of digital assets.
2. Since it is a "Web3" investment (Editor's note: Appreciate the Citizen Web3 revamp to welcome the Year of the Tiger ), then it is not an exaggeration to have virtual currency trading capabilities (experience) and actually go to the exchange! This is a must-do exercise.
3. Since it is an "Appreciative Citizen" Web3 investment , it generates income due to entrustment, and is willing to reward the income. Obtain voting rights due to delegation and actively participate in community governance... A certain amount of delegation makes "building consensus" more meaningful, and you should seriously think about the meaning behind "appreciation" and "citizenship".
   

■ Review at the end of the article

Use a "real control group" to compare and appreciate citizens' past and present plans.

One group of virtual currency and one group of legal currency; payment and storage, consumption and deposit, consumption and investment, Baojie, what do you think?

The "convenience" has indeed declined after the revision, but I am willing to accept the "inconvenience" because this is investment, Web3 investment, and appreciation of citizens' Web3 investment thinking. It is more meaningful to be fully prepared before injecting and building consensus.

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