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Some thoughts – tokens & asset backed crypto
By Rainbow Coin  •  April 17, 2021
As much as I espouse cryptocurrency and the future that it holds, I love to read up counter theories on it. The purpose is to deepen understanding on how things work or could work, and the risks when things don't work out the way we thought they would. Not a bleeding heart here and also no interest in putting up sexy posts on how much money I have made in crypto, you can go to other blogs for that. Here are just some articles I have came across and points to highlight. With digitalized token assets on the rise, we are seeing more and more platforms / institutions capitalizing on them (legit or not I don't know, DYODD). Yes there are tokens for all sorts of things from tweets, collectibles, gold, to even Astrea bonds! Mind you that tokens are not equal to cryptocurrencies although you can swap for cryptos for tokens. Read about tokenization here. There are no-doubt much benefits in terms of liquidity and accessibility,...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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