To The Moon

As a Tiger shareholder, I have always been thinking about how I can contribute ideas to help Tiger Brokers grow.. One particular posts made by a user of Tiger Brokers caught my attention, which is that "since dogecoin that was originally a joke can have its day why not Tiger Coins"... Yes you read it... As followers of my posts would know, I have blocked around 3 persons as they have followed and unfollowed me for more than twice. I believe they are trying to use the "following 3 users" account requirement in order to earn tiger coins, which when the tiger coins are consolidated to a certain number can be used to exchange for commission free trades on tiger platform. (Separately, I call for only people who are committed to reading my posts to stay on as readers and not follow and unfollow me for the sake of tiger coins)

Initial coin offering of cryptocurrency in itself is banned in China. Undoubtedly, China which is in the process of having its own digital currency may eventually embrace credible digital currency. But only time can tell if I am right on this... Back to my limited understanding of cryptocurrency, which I understand is a digital currency backed by blockchain technology. Feel free to correct me if I am wrong in my interpretation as the main point of my article pertains more to Tiger Brokers launching its own initial coin offering of Tiger Coins that could eventually be used to be exchanged for products other than commission free trades. Note that Tiger Brokers are currently allowing Tiger coins to trade for reuters videos and commission free trades. What if? Yes A BIG WHAT IF tiger brokers Allows Tiger Coins to buy insurance products or other wealth management products or maybe more products, etc. The increased convertibility of Tiger Coins into other products or services could bring more attention to Tiger Coins and ultimately lead to increased demand for Tiger Coins. Naturally a concern is how the supply of the tiger coins can be controlled so that the monetary value of TIger coins can be safeguarded. 

If more services and/or products are created by Tiger Brokers for the use of Tiger Coins within its community, for instance Tiger having a subsidiary such as Tiger Insurance, the increased range of product use may result in an exponential demand and transaction volume of Tiger Coins. Just like credit card companies charging a processing fee, the increased volume of using Tiger coins may jump exponentially resulting in a lower processing fee per product than as compared to using credit card to pay for such products.. If so, the value per Tiger Coins could jump then. Again, this is based on my thought process and how a business model can be built by Tiger Brokers for its OWN ecosystem..

Like what I have said in one of my posts, I must be the one of the most hardworking Tiger shareholders, who churns trading volume for TIger by giving them commissions to make from me as well as thinking of new business ideas for them...

To sum up, you have to recognise that (i) I am a Tiger Brokers' shareholder, (ii) investing in shares has risks and (iii) I have a limited understanding of cryptocurrency. Do note that the above should not be construed as any investment or trading advice.