Alexis Ren, a social media mannequin and character from America, believes that the fiat financial system “is collapsing”. She also stated to the press not too long ago that cryptocurrencies offer a viable alternative. Ren stated that her curiosity about crypto was fueled by her reservations about the dollar-based financial system in a recent interview.
Alexis Ren: “The Economic Structure on Which We’ve Been Living is a Lie, and It’s Delusional”
Many economists and analysts have said that the U.S. financial sector is in danger during the last 12 months. Robert Kiyosaki (the best-selling author of Rich Dad Poor Dad) stated that America is “sliding in depression” at the end of October. On Friday, Kenneth Rogoff, a Harvard economist, said that “we’re on the knife-edge” due to the rise in inflation in the U.S. But, American economists and analysts are not the only ones who can predict bad times for the U.S. financial sector.
After Alexis Ren has been sharing her belief that the financial system is based on lies with others, Business Insider’s Jim Edwards from BI discussed the topic with Ren. “I believe the economic structure that we have been living under is a lie, it’s delusional, and it’s just an agreement. So we need to find something else. I think bitcoin or cryptocurrency is that” Ren stated in a YouTube video called “Truth or Drink.”
Read Also: Social Media Environment On Blockchain Has Applicable Techniques And Morals
Edwards, an Instagram star with 15,000,000 followers, told the BI reporter via video that the USD devaluation is a matter. Alexis Ren said, “They keep printing more,” so it doesn’t have any value. It used to be supported by gold, but it’s no longer.
We don’t have any value other than their belief and faith, and that’s even more frightening. They’re now relying on our faith in the dollar. Then there is no fixed amount. She continued, “So there must be a new thing.”
Alexis Ren: The Current Economic System is ‘Not Sustainable’
A widespread mannequin also stated that the U.S. financial system was in “collapsing” and that money creation difficulties are an unending cycle. I know this, but we are in debt. We’re trying to print more money to repay debt, and then we keep adding more debt.
Alexis Ren says that it was a “black hole”. Ren, a social media celebrity, believes that the financial system “is not sustainable” and shared her thoughts on what American citizens need. And then, Ren said, “An economic system that is sustainable and can move with us.”
Alexis Ren also explains his appreciation for payment with cryptocurrency and non-fungible tokens (NFT). Ren is the founder of Yourstage.io, a tech platform. The project recently revealed plans to tie NFTs into the company’s business model. Yourstage.io will use NFTs to pay for the subscription.
This is a far more conservative approach than using money funds. Ren told Jim Edwards that people should invest a little bit in cryptocurrencies each month to conclude their interview.
