How should you approach money given most of it either collapses or loses its purchasing power due to inflation.

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Topics covered include:

• How supposedly safe savings apps collapsed, wiping out users' savings
• Why algorithmic stablecoins keep failing and why they are not black swans
• What it takes for money to be successful
• How money differs from investments

For more information on this episode click here.

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Show Notes

Intellabridge

Power Women: Maria Eagleton, Mastercard-incubated Blockchain Company, is setting An Example For Women in Cryptocurrency by Shruti Sood—Morning Lazziness

@kashdefi, Twitter post, May 7th, 2022 7:54 AM

@kashdefi, Twitter post, May 8th, 2022 10:42 AM

Terra

Cryptocurrency TerraUSD Plunges as Investors Bail by Caitlin Ostroff, Elaine Yu, and Paul Kiernan—The Wall Street Journal

Cryptocurrency TerraUSD Falls to 11 Cents, Creator Announces Rescue Plan by Paul Vigna—The Wall Street Journal

@kashdefi, Twitter post, May 9th, 2022 8:57 PM

@kashdefi, Twitter post, May 9th, 2022 9:07 PM

@kashdefi, Twitter post, May 12th, 2022 11:01 PM

Intellabridge Announces Kash 2.0 and Kash Treasury Product Update—Intellabridge

There are 99 problems and Tether ain’t $1 by Bryce Elder—Financial Times

Tether cuts holdings of commercial paper, says majority of exposure in Treasuries -CTO—Reuters

Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing by Ryan Browne—CNBC

Related Episodes

333: How The Covid Shock Nearly Destroyed The Financial System

373: Are Stablecoins Safe? Should You Own Them?

384 Plus: Survey Follow Up, A Stablecoin Collapse, and Trying to Analyze Ripple (unlocked for non Plus members)

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