Hi, I'm Cheng Yu, a Not-so-typical Singaporean Young Adult. This podcast is a documentation of my life as I learn about adulting in Singapore as a 20 year old!
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Hi, I'm Cheng Yu, a Not-so-typical Singaporean Young Adult. This podcast is a documentation of my life as I learn about adulting in Singapore as a 20 year old!
Why I Bought BITCOIN! I Stock Portfolio Update 2021
Atypical Singaporean Young Adult Podcast
9 minutes 30 seconds
4 years ago
Why I Bought BITCOIN! I Stock Portfolio Update 2021
Happy New Year! It's 2021! In my previous video I said I wanted to get into Bitcoin, and I did! The sign up process was a tedious one but I definitely feel it's worth the effort! In this video, I talk about why I bought Bitcoin by explaining what Fiat currency is, it's effects on the world in the past and in the future. Fiat currency is government issued money that isn't backed by a commodity such as Gold or Silver and this will become a problem as time goes on. I discuss about the issues with Fiat currency and how it can be avoided by buying into Bitcoin. Just imagine if all the money you hold now one day becoming worthless, that is the result of Fiat currency. It's described in the first 5 minutes of the video so do check it out!
Atypical Singaporean Young Adult Podcast
Hi, I'm Cheng Yu, a Not-so-typical Singaporean Young Adult. This podcast is a documentation of my life as I learn about adulting in Singapore as a 20 year old!