Helping a person succeed is, in fact, simply subjecting him/her to arduous discipline.

This is true, regardless of whether you pursue success in sports, academia, finance or business...

So, be careful when (accepting or offering) helping others succeed, especially if they are not ready for arduous discipline.

You may be disappointed, when they are not as diligent and hardworking as you expect.

On the other hand, they may resent you for thinking that you are too harsh and too demanding.

Unfortunately, success will not have a compromise path. There will always be levels that exceed the current limit, which causes tremendous physical and emotional pain.

Imagine: a person who has rarely exercised for decades, now has to squat 60kg or leg press 100kg ? Don't be surprised if you feel dizzy and nauseous. You just want to run away, or quit. (although this weight is not really heavy)

But you know. You can't keep training at 10 or 20kg forever.

If you want to progress, you have to cross the threshold

Pushing someone who isn't ready for tough discipline will most likely trigger the seed of hatred they have for you.

Helping people is necessary, but sometimes kindness and enthusiasm are not enough.

The learner's willingness to endure arduous discipline is a must.

Is the Bitcoin ETF the “best story, killing the most people”?

• Will the proposed Blackrock ETF be successful? But its highest feasibility?

• The proposed Blackrock ETF at a time of controversy about the management of the SEC, if approved, the market would be relieved about the attitude of the SEC?

• ETF, if approved, will pull new users and new money into the market?

• Let's look back at the good events of the gold ETF at birth that stimulated the price to increase from $ 444 to $ 1.6k and look back at the news stories to kill people.

In the end, everyone said that the Bitcoin price increase in the past few days was due to the Blackrock ETF.

Gary sees cryptocurrencies being used to raise capital similar to securities, so he tries to stop them.

The way it is now, the SEC is not fighting with cryptocurrencies, but with a new form of capital raising. And this is also a risk for thousands of tokens in circulation.

Pow fairlaunch has always been considered fair; After this creative marketplace create pos, ico, ido, launchpad,…

What I mean is that if the SEC hits hard, the market either returns to pow, or the fairlaunch is free, or it has to change to match. If the SEC is successful, it will be cloned in many countries.

Up to this point, the SEC has said almost all cryptos except BTC are securities. Will share the article below for you to better understand how the SEC defines an asset as a security:

What Are Stocks?
We often talk about the concept of securities, and recently there is a lot of information about the SEC calling many things securities and there are many incorrect views about which coins staking POS are securities, which coins use POW it's not… actually, what is a stock is not based on POS or POW, but on a test called the Howey Test. Let tell you a true story.

In the year nineteen hundred, there was a man named William John Howey who owned large citrus groves in Florida . Growing his own citrus to sell was also risky, so William Howey devised a better way to make money. Howey kept half of the land for his own use and sold the other half to interested people who wanted to start a citrus business but didn't know how to farm. The buyer of this land will sign a dong that after buying, this land will be handed over to Howey's company to cultivate for him, after harvesting, the profits will be divided among the land owners.

Howey advertised this form of operation through a resort hotel he owned and promised substantial profits. Most of the land buyers are not Florida residents or farmers. They are business people, inexperienced in the agricultural sector, and lacking the skills or equipment to take care of the land on their own.

In 1946, the SEC sued the company WJ Howey and this was a landmark case in US securities law. In this case, the United States Supreme Court reviewed the evidence as to whether the investment contract was a security under the Securities Act of 1933.

Defendants in the case include WJ Howey Co. and others involved in the sale of land in Florida, including the right to use the land for farming. Buyers are required to sublease the land to the defendants, who will manage the farming operations. The Supreme Court held that the transaction constituted an investment contract and contained a security, because the buyer was investing money in a joint business and expecting profits primarily from the efforts of others.

The court established the "Howey Test" as a definition of securities and investment contracts, which has since become a widely used standard in U.S. securities law. As defined by the Howey Test, an investment contract is a security when all four of the following are true:

(1) is an investment in money
(2) invest in a joint business
(3) investors expect profit
(4) profit mainly from the efforts of others

It is important for the SEC to prove that the above 4 things apply to a certain crypto, 1-3, the SEC will easily prove it, the fourth thing is controversial, the token price is based on 1 a certain unit or is it based on the law of supply and demand? Or rely on the community to build and use that crypto? If that “common enterprise” does nothing, what will the token price be?