No, not a millionaire…yet.To stablecoin or not to stablecoin that is the question?

What is a stabelcoin? How do they work? What are the risks of using stablecoins? What are the benefits, if any? These are the questions we will explore today.

Firstly, a stablecoin is a cryptocurrency coin that is pegged to the value of another asset. Typically this other asset is a fiat currency such as the U.S. dollar, the British pound, or the Australian dollar. In the case of the PAXG coin, the pegged asset is gold specifically one ounce. When a stablecoin is pegged to another asset this means that the intended trade ratio…

But in terms of understanding asset classes, investing, and how money works its really changed the way I think about the future and money.

Hear me out…

Maybe 1% of the people that surround me (friends/family) understand and support the notion of crypto and blockchain.

The rest.. well they laugh it off.

It’s still as foreign of a concept as it comes, and I’m sure I’m not alone in this.

This is astonishing considering the market cap has blown past $1T… with no signs of slowing down.

This leads me to believe that people TRULY DON’T HAVE A CLUE what is going on!