Categories
Articles

Socialite and Model Alexis Ren Doesn't Trust the Dollar Economy, Says Crypto Is a Viable Alternative – Featured Bitcoin News – Bitcoin News

by Jamie Redman
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s reservations in the dollar-based economy.
During the last 12 months, numerous analysts and economists have said that the U.S. economy faces uncertainty. At the end of October Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, explained that he believes America is “sliding into depression.” On Friday, Harvard economist Kenneth Rogoff told the media that he thinks “we’re on a knife-edge” in terms of where inflation in the U.S. is going. However, famed novelists, analysts, and American economists are not the only ones predicting bad times are ahead for the U.S. economy.
Business Insider’s (BI) Jim Edwards discussed the subject with the socialite and model Alexis Ren after she’s been telling people that she thinks the economy is based on lies. “I think the economic structure we have been living on is a lie and it’s delusional and it’s just an agreement and so we need to find something better, and I think bitcoin and cryptocurrency is that,” Ren explained in a Youtube video she crafted called “Truth or Drink.”
Speaking with Edwards, the Instagram star with 15 million followers told the BI reporter in a video call that the devaluation of USD is an issue. “They keep printing more of it, so that it has no value,” Ren stressed. “It used to be backed by gold and it’s not anymore. And so we don’t have any value except their belief and faith in it and that’s even scarier. Because now they’re just utilizing our faith in the dollar. And then there’s no set amount. And so there needs to be a new thing,” she went on to say.

The popular model further detailed that the U.S. economy was “collapsing” and she highlighted that the current money creation issue is a never-ending cycle. “I know that but we’re in debt, so we’re trying, we’re printing more money to pay back debt and then we just keep accumulating more debt. It’s a black hole,” Ren said. The social media star thinks that the economic system is “not sustainable” and opined what she thinks American citizens want. “An economy that’s sustainable and that can move with us,” Ren added.
The interview further explains Ren’s appreciation for cryptocurrencies and non-fungible token (NFT) assets. Ren is the founder of a tech platform called Yourstage.io and the project recently revealed its plans to tie NFTs to the company’s brand. Yourstage.io will leverage NFTs for a subscription to the service rather than cash payments. Concluding the interview with BI’s contributor Jim Edwards, Ren told the reporter that people should invest a small amount “in cryptocurrencies every month.”
What do you think about the recent interview with the social media star and model Alexis Ren? Do you agree with her that the dollar-based economy is “collapsing” and cryptocurrencies are a viable alternative? Let us know what you think about this subject in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists … read more.
Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps
Twitter has set up a team to focus on “crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.” Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to … read more.

Check all the news here

source

Leave a Reply

Your email address will not be published. Required fields are marked *