Wednesday, May 11, 2022

Crypto Meltdown & Terra

The Terra stablecoin meltdown today shows how risky crypto can be in these challenging times. Bitcoin, Eth and other crypto currencies are under pressure as well. Personally, I am more optimistic about Ether. The upcoming Merge and Layer 2 will help generate more usage of Eth as “gas” for Blockchain transactions.  Bitcoin doesn’t have these advantages.