T.U.B Investing

Since my last post , I decided to try to understand more about Cryptocurrency. So I went on to ask my friend, whom is definitely more knowledge in the field of Cryptocurrency than me, a question that has always been on my mind:  "Which is the cryptocurrency that will fulfill its potential in the mass market?" He went on to write a whole article on this and I decided to share it on my blog. Do note that I know cryptocurrency is a subjective topic and depending on how one interpret this question, everyone will probably has a different choice and different opinion. Thus, I will suggest that everyone reads with an open mind. I read twice in order to understand it. Guest Post: The Decentralised Stablecoin, UST. No one uses Bitcoin, Ethereum or Solana to pay for things. But people do use stablecoins like USDC & USDT to pay for things. Let’s discuss a stablecoin that’s aiming to become the best.  $UST, Terra USD is project that aims to build a better stablecoin, or a better US D...

This will be a string of my on-going strings of thoughts on Metaverse, NFT and Digital Currency (cryptocurrency) . I just like to have a post to consolidate my thoughts on these 3 Topics - in order to understand more about the future (and if I forget) .  Anyone who want to join this discussion can place your comments in the comment box below and NOT any of the comments on various platforms that this post appears. This will allow a consolidation of thoughts. 22 Nov 21 Metaverse 1. Metaverse require NFT and digital currency to work. 2. Digital Currency might or might not be Crypto Currency. It can be just a currency within the ecosystem. 3. A metaverse is like a planet. In future, there will be numerous "planets" to form a metaverse "universe". 4. FB will not produce the whole universe. It will only be one of the "planet". NFT 5. A NFT developer can earn a recurring % from every transaction on that specific NFT that he created. For example if person A create...

Before I start, I must apologise to those that had ask me about cryptocurrency previously. If I told you I am not going to invest in cryptocurrency, I was very sure about my decision then. Right now, I am not so sure.  Do note that I have yet to purchase any cryptocurrency at this point as I try to setup my Coinbase account, which could take a while. If by the time I complete my setup and cryptocurrency has gone over the roof, then I will give up on it. By now, you still do not know about cryptocurrency, bitcoin or blockchain. I suggest you can google, there will be so many articles out there for you to read and understand. Some of the websites I recommend is: 1. Probutterfly Blog 2. Got Money, Got Honey! 3. bgting post on InvestingNote Prior to explaining about the reasons that change my thoughts of cryptocurrency, I will like to talk about Cryptocurrency Mining and the Semiconductor Industry (Information that was not explained thoroughly) . Picture taken fro...

Having read about cryptocurrency on Straits Time ( 1  and 2 ), I think it is widely misrepresented.  There are some truth in these articles but I believe the concept of asking people to invest in this product is simply just wrong as of NOW. Reasons being: 1. Marketing being root of all evil. I think cryptocurrency is a disruptive technology on cash. But people seem to have misunderstood the use of cryptocurrency. It started as a form of payment and not investing. But a lot of websites started marketing it as a form of investment product (due to cryptocurrency being subjected to free market forces) and people started to buy to keep. But it is technically useless if a cryptocurrency becomes super expensive. If a bitcoin is $2k currently, what can you use to pay it? Use bitcoin to buy diamond? Or buy a loaf of bread? 2. Bubble Creation In addition it gets too expensive, the product will create a bubble. A very dangerous bubble because it...