Americans will learn crypto soon,, Trump has mentioned it softly,,, don't worry it doesn't matter who let the cat out of the bag,, we are going there anyway.
Just so you can have a passing knowledge to get you through a conversation:
Bitcoin-ultra rich,, but not very efficient,,, more like what you would use to buy a house
Ethereum- is/was very effective,, until I got trapped for 17 hours in a simple transaction--- because this crypto is very popular with the Asians and some gambling cat card game... OMG!!! Never again
Litecoin,, I have done very well with this one,, very fast & fluid,, may become the USA favorite
Ripple- this in not a real crypto to the purist,,, i hated it for a long time,, but not now,, I have to accept that its roll is "entry/gateway crypto" -- it was developed with banks,,,,. Banks and control is what crypto was trying to escape (the Federal Reserve & their inequality of access to funds)
Tether,, has a lot of haters,, but it is really the best option away from ripple because of its structure,,, ripple cant represent the $usd like tether (tether is. Basket of USD+YEN+EURO)- tether is designed to stay stable at $1+/-
Every single day huge $$ is moving in the crypto-running away from $usd/any currency & global transactions
$42,079,148,430 USD/in 24hours in tether ALONE!- every single day, and this is not a heavy day!
This is important because of a few reasons:
In the last 2 weeks we have lost 3% purchasing power,, that is inflation to offset all the debt we are having to issue for our current country condition (PPP loans, unemployment,, corporate bail outs) in a few days the Federal Reserve will make a statement & say there is no inflation as they always have,,, kind of hard for someone making $125million to recognize inflation when they don't have to balance cost of living )
Most concerning issue is George Soros,, besides his politics,, he is a trader,, and many years ago he targeted the British Pound- he won! That is not good for USA,, I live well but I don't want my country paying $30 for a loaf of bread.