{"id":14556,"date":"2021-11-21T09:54:04","date_gmt":"2021-11-21T09:54:04","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/socialite-and-model-alexis-ren-doesnt-trust-the-dollar-economy-says-crypto-is-a-viable-alternative\/"},"modified":"2021-11-21T09:54:04","modified_gmt":"2021-11-21T09:54:04","slug":"socialite-and-model-alexis-ren-doesnt-trust-the-dollar-economy-says-crypto-is-a-viable-alternative","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/socialite-and-model-alexis-ren-doesnt-trust-the-dollar-economy-says-crypto-is-a-viable-alternative\/","title":{"rendered":"Socialite and Model Alexis Ren Doesn\u2019t Trust the Dollar Economy, Says Crypto Is a Viable Alternative"},"content":{"rendered":"

The American social media personality and model, Alexis Ren believes the fiat economy is \u201ccollapsing\u201d 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\u2019s reservations in the dollar-based economy.<\/strong><\/p>\n

Alexis Ren: \u2018The Economic Structure We Have Been Living on Is a Lie and It\u2019s Delusional\u2019<\/h2>\n

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<\/a> that he believes America is \u201csliding into depression.\u201d On Friday, Harvard economist Kenneth Rogoff<\/a> told the media that he thinks<\/a> \u201cwe\u2019re on a knife-edge\u201d 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.<\/p>\n

Business Insider\u2019s (BI) Jim Edwards discussed the subject<\/a> with the socialite and model Alexis Ren after she\u2019s been telling people that she thinks the economy is based on lies. \u201cI think the economic structure we have been living on is a lie and it\u2019s delusional and it\u2019s just an agreement and so we need to find something better, and I think bitcoin and cryptocurrency is that,\u201d Ren explained in a Youtube video<\/a> she crafted called \u201cTruth or Drink.\u201d<\/p>\n

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. \u201cThey keep printing more of it, so that it has no value,\u201d Ren stressed. \u201cIt used to be backed by gold and it\u2019s not anymore. And so we don\u2019t have any value except their belief and faith in it and that\u2019s even scarier. Because now they\u2019re just utilizing our faith in the dollar. And then there\u2019s no set amount. And so there needs to be a new thing,\u201d she went on to say.<\/p>\n<\/p>\n

Model Says the Current Economic System Is \u2018Not Sustainable\u2019<\/h2>\n

The popular model further detailed that the U.S. economy was \u201ccollapsing\u201d and she highlighted that the current money creation issue is a never-ending cycle. \u201cI know that but we\u2019re in debt, so we\u2019re trying, we\u2019re printing more money to pay back debt and then we just keep accumulating more debt. It\u2019s a black hole,\u201d Ren said. The social media star thinks that the economic system is \u201cnot sustainable\u201d and opined what she thinks American citizens want. \u201cAn economy that\u2019s sustainable and that can move with us,\u201d Ren added.<\/p>\n

The interview further explains Ren\u2019s 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\u2019s brand. Yourstage.io will leverage NFTs for a subscription to the service rather than cash payments. Concluding the interview with BI\u2019s contributor Jim Edwards, Ren told the reporter that people should invest a small amount \u201cin cryptocurrencies every month.\u201d<\/p>\n

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 \u201ccollapsing\u201d and cryptocurrencies are a viable alternative? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

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\nFeatured, Alexis Ren, Alexis Ren crypto, Alexis Ren NFTs, collapsing, Crypto, Cryptocurrency, devaluation of USD, dollar based, Economy, economy is a lie, inflation, Jim Edwards, Kenneth Rogoff, model, nft, NFTs, Non-fungible Token, robert kiyosaki, Socialite, US Dollar, US economy, USD, Yourstage.io<\/p>\n","protected":false},"excerpt":{"rendered":"

The American social media personality and model, Alexis Ren believes the fiat economy is \u201ccollapsing\u201d 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\u2019s reservations in the dollar-based economy. Alexis Ren: \u2018The Economic Structure We Have…<\/p>\n","protected":false},"author":0,"featured_media":14557,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14556"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14556"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14557"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}