DePIN Storm: WANG, JDI and Helium $mobile
The wind rises from Pingmo, the nine-story tower rises from the earth, and DePIN is the dawn in the cracks.
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The wind rises from Pingmo, the nine-story tower rises from the earth, and DePIN is the dawn in the cracks.
After the mining ban on September 4, 2021, the Chinese basically lost the pricing power of Bitcoin. Now it seems that history may have defined this way out as DePIN, but the representative figure has been unknown for a long time. The classic Wang Yiming.
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What the central bank directly adjusts is the policy interest rate (such as the interest rate of MLF), which indirectly affects rather than directly determines the market interest rate (such as LPR). It should be avoided to say that the increase or decrease of LPR is "the central bank raises or lowers the benchmark lending rate".
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