I want to do a public service announcement for people who are desperate to come to Europe. I have seen many, many desperate Indian students doing 12 hours of delivery/ restaurant / gig work, extremely underpaid and abused in Berlin and this really bothers me.
Please don’t take out huge loans and go
into debt to get admitted to third rate private universities here. You will face extreme hardship, both mental and financial, for little to no reward.
There many universities in Germany which are essentially visa mills. They sell you a dream- that if you manage to somehow get to Europe, you will be financially sorted for life and there will be an abundance of job offers for you to pick and choose from, once you graduate.
These universities are very scammy, have a low barrier to entry (you can more or less buy a seat), and extremely low teaching standards. Students who come here are forced to take up underpaid and often illegal gig work to survive and they are easy targets for shady companies.
And then they realize that their university degree is pretty much worthless. Both in Germany and in India.
If you do want to come to Germany, apply
to the state run universities here. These are usually cheap but very competitive and have usually quite high standards.
Please don’t take out a 30 lakh loan, or sell family land to fall for a scam. If something sounds too good to be true, it probably is not true.
Also the Indians on X who are relentlessly advising young people to get out of the country by hook or by crook, should perhaps exercise some caution knowing that there are impressionable young people out there who might do stupid things.
Vault products like disgraced Stream xUSD will continue to attract users.
DeFi gets complicated and retail WANTS higher passive yield, so 'experts' fill that hole.
Problem is opacity: You can't track where funds are in real time.
DeFi already solved this issue last cycle:
Products like Yearn, Beefy, Fluid 'Lite' vaults are transparent. And Lido is entering Vault category with their own strategies.
Yep, yields are less juicy, but at least you know where the money is and where the yield comes from.
@Saxenasaheb@BasedIndia We should educate and enable Indians to do home staking. Running nodes for Ethereum and other blockchains is a good first step. Later I’d love to bring Aadhar card and UPI onchain 😎
Exciting news! @deutschetelekom is now supporting the @0xPolygonLabs , a major milestone in our journey to increase our footprint in web3. We are proud to announce that we are providing infrastructure services for both the Polygon Mainnet and Supernets.
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