Adventures in Crypto 1 — We Started from the Bottom Now We Here
NOTE: I am not a financial advisor. Any information I provide to you should not be considered investment advice or information that you should use to invest your money with the hope of a guaranteed return. Investment is complex, and you should weigh the options and do your due diligence before investing in a particular instrument, De-Fi based or otherwise. This article is intended solely for information.
Cryptocurrency is a hot topic right now, especially in my small island-nation of T&T. It’s become so popular that banks have completely stopped locals from buying crypto with locally issued credit cards (those that could still buy overseas, I mean.) For those who have been following the news, this seems dire. Our island has been blocked in several locales, making it difficult to do business in places like the EU. That’s why cryptocurrencies are so helpful for those who want a financial instrument not liable to be limited by a central banking organization. Cryptocurrencies and other decentralized finance instruments are unique in what they allow people to do. Aside from being a store of value, cryptocurrency can help the everyday Trini avoid inflation, aside from letting them earn a lot more from things like staking and investing (more on that later).
