Insights

Is De-Dollarization Something to Worry About?

Cryptos such as Bitcoin, Ethereum, XRP, etc. work as digital assets and forms of exchange. Their typical functionality is to operate as a currency that can be used to pay for goods or exchange one currency for another (i.e. dollar for XRP), though they can also be used for things such as running applications or exchanging information.

A special purpose acquisition company (SPAC) is usually made up of a group of investors that are looking to pursue one or more company acquisitions in the near future.

Alternative assets in the sense of this writing are an asset other than stocks, bonds, or cash.