In the past ten years, Korea has been doing a good job at promoting their culture and export it abroad. We can see not only K-pop took the world by storm, but also the K-movie, such as Parasite, made such a bit hit. …

Have you ever thought why the CPI (consumer price index) goes up every year? And why inflation happens? It’s a really complicated question and the reasons could mainly include demand-pull, cost-push and expansionary fiscal / monetary policy. Generally speaking, all of them have something to do with demand and supply…

In the previous article, we discussed banknote was regarded as money because you can withdraw same amount of gold from bank by using banknote. It’s kind of like the simple version of gold standard. This time, we will discuss the origin of gold standard, the abandonment of gold standard and…

Last time, we understood what is money and the quality of money. This time, let’s have a look at how paper money and central bank were invented. Oh no, history again? Yes! If we want to know the value of cryptocurrency and the logic behind it, we definitely need to…

Like a month ago, we introduced couple of companies who have potential to develop their own version of metaverse, such as Meta, Nvidia & Epic. And there is another contender we can’t miss which is Roblox. What is Roblox? Roblox is one of the most popular gaming platforms among teenagers…

Apparently, we have been witnessing the process of digitalization of the whole world lately and we don’t know how long the process will be completed. It’s supposed to be a gradually progressive process and it might take a few decades. In the scope of Web 3.0, we have discussed some…

With the traditional shopping season approaching, ecommerce sites have been making every effort to not only attract customer’s attention by providing different promotion campaigns but also try to provide a more frictionless and smoother purchasing journey to make buyers can spend more money without hesitation. Now, ecommerce site respectively introduces…

Facebook… Oh we probably should say Meta just revealed their new vision in metaverse in Facebook Connect (Facebook’s annual developer conference) last week. We could see Meta has been working on developing different technology to increase human’s interoperability in metaverse. However, when it comes to the so-called real metaverse-like experience…

Last time, we introduced Facebook’s ambition on developing their own metaverse, but some people just think Facebook won’t succeed as it was in mobile internet era if they don’t change their perspective on interconnectedness and openness of the next network. Teenagers don’t share what they do or talk with their…