Category: CryptoCurrency
Emergency Escape: Build a High-Yield Emergency Fund
Building an emergency fund is one of the most critical aspects of creating a financially secure lifestyle. Sadly, most Americans do not have $1,000 in savings to cover a minor emergency. Today, I want to cover some reasons to have an emergency fund and how we can use our emergency fund as an investment vehicle.…
The Metaverse 112: Artificial Love in the Metaverse
“Cherry 2000” (iTunes Link) is one of my favorite movies of all time. It was released in 1987 and starred Melanie Griffth. The movie is about a man who falls in love with a female robot. The robot breaks down, and he travels to the end of the world to find a part to repair…
Income Portfolio vs. USDC: The Battle for 9%
Investing is about getting a return on your investment, therefore ensuring the velocity of money, compounding, time, and intellect all work in your favor. The more you learn, study, and grow, the better your chances are to get “lucky.” When we think about investing, sometimes we come to decision points that lead to vastly different…
USDC vs. Saving Bonds vs. Treasuries
There are more ways to save and invest than ever, yet most Americans have less than $1,000 in savings. Dave Ramsey (“Baby Step Millionaires”) suggests saving a $1,000 emergency fund before paying down debt. I have been talking about saving and investing recently, and even savings vs. investing. But, just because you are not comfortable…
Counting on Crypto 2
Cryptocurrencies will play a huge role in our lives over the next many years. They may even overtake paper currencies as the primary money system by central banks. However you feel about cryptocurrencies today, you should prepare for tomorrow by educating yourself. This is the same logic I used to start my journey into cryptocurrencies,…
The Metaverse 111: Transfer of Wealth in the Metaverse
Between 2008-2014, we thought we witnessed the most significant transfer of wealth in the last 200 years. During the housing bust, those with assets and cash could buy homes for pennies on the dollar. People who were financially and educationally positioned took a once-in-a-lifetime opportunity to build more wealth. Then in 2020, the pandemic hit,…
5 Takeaways from “How to NFT”
“How to NFT” by CoinGecko, gives us a future-focused look at Non-Fungible Tokens (NFTs). NFTs are all the rage now because of the ability to sell simple pictures for millions of dollars. But there is more under the hood of NFTs, as they can function in many different environments and situations. Some use-cases include art,…
What is Decentralized Finance?
The world of cryptocurrencies is massive and can be overwhelming. However, many people confuse cryptocurrencies and decentralized finance. Today, I will attempt to calm everyone down, separate these two different economies, and give you a way forward to start investing. Cryptocurrencies Basics. Let’s review the basics of cryptocurrencies. We can consider cryptocurrencies money, stores of…
The Metaverse 110: Life in the Metaverse
The metaverse will change our lives, but it won’t be all at once. If you are old enough to remember, the internet didn’t change our lives in a few years. It took more than 10-20 years for us to reap the rewards of the digital age. Some significant internet milestones were gaining access to modems…
The Metaverse 109: Content Creation in the Metaverse
As we delve deeper into the metaverse, there will be an evolution of the content we will consume. When I first started playing around on the internet at home in 1996, I could have never imagined the rich content of YouTube and Facebook. We are at a similar point in time in the metaverse—no one…
The Metaverse 108: Fitness in the Metaverse
Health, wealth, and relationships are the three top niches in content creation, branding, and consumer goods. Most content we consume will somehow fit into these categories. Of the three, I believe health is the biggest because it affects everyone. Inside the health category, we have fitness, dieting, healthy living, etc. Welcome back to the Metaverse…
5 Takeaways from “How to DeFi -Advanced”
“How to DeFi -Advanced” by Paula Robinson is the second book (part one) exploring decentralized finance and the world of cryptocurrencies. The world of DeFi is complex and moves at the speed of light, so one must constantly study to stay up-to-date. Decentralized finance aims to replicate many of the staples of traditional finance (insurance,…
The Metaverse 107: Friendships in the Metaverse
Friendships change as we get older. Things we once found fun and interesting, like going to the bars and staying out late, now seem less exciting or engaging. Some of this has to do with getting married and having kids, but those aren’t the only reasons. I am 40 years old, and my best friends…
USDC For The Win !!
The stable coin USDC is the most versatile investment on the market today. Yes, it is a cryptocurrency; however, there is more than meets the eye. As I wrote in “CryptoCurrency 105: The Stability of Stable Coins,” USDC is a fiat-collateralized stablecoin. This means that for every US dollar people invest into USDC, they mint…
The Metaverse 106: Relationships in the Metaverse
We have come so far in The Metaverse 101 series (101, 102, 103, 104, 105), but we still have much more to cover. Today, I want to explore the possibilities of relationships and dating in the metaverse. I will discuss this topic into two categories: couples and singles. I belong to the couples category because…
The Metaverse 105: Employment in the Metaverse
I’m sure we were all ecstatic when our bosses told us to return to work after working remotely for over a year. NOT! Every time I leave to go to work, I have a deep sinking feeling because my physical body doesn’t need to be there every day. Disclaimer. I am sick as a dog…
The Metaverse 104: Education in the Metaverse
The internet and technology brought a considerable shift in educating our children. I remember going to the computer lab to access the “Oregon Trail” and other games. There was a separation between the classroom and the computer. Today, my kids got issued Chromebooks that they can take back and forth. They have the internet at…
The Crypto Debit Card
My favorite centralized exchange announced launching a debit card that ties directly to the USDC in your crypto portfolio. I signed up immediately. I am beyond excited and think this could be a major catalyst in the long term. My favorite centralized crypto exchange is Voyager (affiliate link). I have been a fan of Voyager…
The Metaverse 103: Business in the Metaverse
The world as we know it is about to change. We can either accept our fate or get left behind. But, there is a third option⎼we can profit from this change. The change I am referring to is the metaverse. Yes, the metaverse is the new buzzword around town, but it carries enormous implications. Previously,…
The Metaverse 102: Investing in Virtual Real Estate
Let me be clear; I was very intentional with the word “investing” in the title of this article. I didn’t write “buying, flipping, selling” for a reason. The metaverse is the new gold rush—lots of investors will make millions, but more people will go home in tears. As investors, we need to mitigate risk at…
