stable coin
“Cool! Cool! damn… … There is nothing to eat in the refrigerator. What do you mean?”
Amy Goodwin, who tested positive for COVID-19 a few days ago, was locked up in her small studio room in self-isolation.
It’s not hard enough to die yet, but when it gets a little harder, I think I’ll have to consider hospitalization.
But honestly, it’s not an easy decision for Amy.
Three years after coming to Hollywood with only the dream of becoming a star, she has been earning living expenses in a few temporary jobs until now, but she has never dreamed of a decent job with health insurance.
She auditioned several times a week, and to avoid missing out on her once-in-a-month filming opportunity, all she could do was become an employee at the cafe.
And the current medical system in the United States does not provide free treatment for corona patients who do not have medical insurance.
It is a situation in which an astronomical cost of at least tens of thousands of dollars, or at most hundreds of thousands to millions of dollars, is being charged for a complete cure, so for those without insurance, Corona has no choice but to survive and die.
In fact, even with insurance, an individual would have to pay an average of close to $40,000, which is not something that Amy can afford in the first place if she has no savings.
What’s more, the money provided during self-quarantine did not come in on time, and Amy, who did not already have a few dollars left in her account, was in a situation of living or dying right away.
Fortunately, they had been living on the food that Amy’s acquaintances brought to Amy’s front door, but today it fell apart.
“Are you going to die like this? Black!”
As the miserable situation continued for over a week, Amy’s strong heart, which had been hard as a stone, was gradually crumbling.
At this rate, I wonder if I will be able to really overcome the corona and survive until it rises.
Amy buried her head in bed and sniffed, hoping that this terrible time would somehow pass quickly.
I can’t stand it any longer. Maybe, after recovering from Corona, I will give up my dream of becoming an actor and go back to my hometown to buy a ticket for a greyhound.
You should at least have a family there and get at least one stable job.
bang! bang!
“Amy! Amy Goodwin!”
It was a time when I was having such a hard time. Someone bangs on the front door and calls out Amy’s name.
“Who is it?”
Amy struggled to get out of bed. Who came? No one is coming?
Maybe Charlie broke up last month? no. not his voice.
“Amy Goodwin! Are you at home?”
“who are you?”
“This is the Hollywood Actors Guild (SAG).”
“Why in the Actors Guild?”
“Amy Goodwin, right? I know you have recently been diagnosed with Corona. Support came from the union. Please open the door.”
“yes?”
Embarrassed Amy opened the door, and there were two men, fully armed face and body in white protective suits.
“What’s going on? in the union?”
“We are here to help those who are suffering from Corona.”
“I’m… … You didn’t join the Actors’ Guild?”
The Screen Actors Guild (SAG) of the United States was established to improve the rights and interests of actors and provides various benefits such as collective agreements and medical insurance support for actors who joined the union.
However, the threshold for joining the actor’s association is higher than expected, so it is not easy for small actors who are barely caught on camera once or twice to join the actor’s association.
“I know. Even if you do not join the union, if you have experience working as an actor, we are providing maximum support to those suffering from this corona virus. It is not yet necessary to be admitted to the hospital. You are young, so you can survive in self-quarantine.”
One of the two agents from the Actor’s Guild checked Amy’s condition and gave her a bunch of stuff. The inside is full of groceries that can last not even a week, but a month.
“If you do not feel well, please contact us immediately. I’ll take you to the hospital.”
“insurance… … Don’t you?”
“it’s okay. I received a lot of support this time, so I can get treatment without insurance.”
“yes? Really?”
“Yes. The king of Hollywood is back. huh.”
“The King of Hollywood? Eugene?”
“Yes. I came back from New York a while ago and heard that there are many actors suffering from Corona here, so I paid a huge sum.”
“ah! really?”
Eugene’s fame in Hollywood went far beyond that on Wall Street in New York.
There were so many billionaire investors on Wall Street that Eugene is only known as the richest of those investors, but in Hollywood, he’s the omnipotent king who can do anything with his words.
Naturally, actors and film-related people have already been called Khan for a long time.
There is no field that has not been hit by the corona crisis, but there is no other place that has only Hollywood movie officials.
Although they themselves may not know it yet, the release of the movie over the next two years is over.
Of course, film-related people have to endure that long period of time with unemployment insurance.
Eugene’s huge amount of money was distributed evenly to disadvantaged actors and movie-related businesses in California.
And when this long and long tunnel is over, they will not be able to hide their gratitude to Eugene for helping them through that painful time.
In the midst of the corona virus, Eugene came to Hollywood with some people.
It is safer in California than in New York, where there is a lot of chaos and there are a lot of confirmed cases every day.
This time, I also invited Yooseong, my younger brother after a long time. In times of crisis, it is best to be with your family.
“I think the market is being affected because we continue to buy.”
After peaking at $35,000 in the first half of 2018, Bitcoin began to plummet and fell to $5,000 in the summer of 2019.
And around that time, Yooseong started buying cryptocurrencies again.
Before the soaring of cryptocurrencies, they made an astronomical amount of $150 billion from bitcoin, ethereum, and ripple purchased at low prices, so it felt like the market was too small to invest all that money in cryptocurrencies.
In the end, using only a portion of the money earned at that time, he calmly started to purchase coins, and now that the price of coins has started to rise again, he is already earning more than his 2018 profit.
“It would be better to keep buying for a while. This time, there is a chance that it will go above the previous bull market.”
“I think so. I can see that people who thought they missed the opportunity in the past are starting new investments.”
Yoosung, which dominates most of the cryptocurrency exchange market, can get the most accurate data.
And the data became the basis of investment again.
“There are predictions that it will go at least twice as much. Of course, it’s not as accurate as what you said, but it’s true.”
“Because no one knows the future. Don’t be sure of anyone’s predictions.”
“I am doing that. Prediction is nothing more than a possibility.”
Yoosung returned more than half of the money he earned with cryptocurrencies to other financial products.
As we know the instability of the cryptocurrency market better than anyone else, we need to prepare for a situation in which the cryptocurrency market itself will completely collapse at any time.
It was also managed through a financial institution other than Eugene’s wealth management company.
Of course, it was Eugene’s doctor. Eugene did not assume that his management would always be profitable unconditionally.
I always kept in mind the idea that anything could happen in the world, and in the worst case, the foundations of New York could be destroyed.
So, Yoosung, his younger brother, thinks that the assets he earned with cryptocurrency are his last bastion.
The funds obtained in cryptocurrency are shared by two brothers, Eugene and Yooseong, in a 7 to 3 share through investment companies around the world.
Even if the worst happens, the assets earned in cryptocurrency will still make Eugene the richest man in the world.
In addition, the money earned from cryptocurrencies does not simply come from trading cryptocurrencies.
In fact, it could be said to be less than that.
“The issuance of Alliance Coins is approaching $200 billion.”
Alliance Coin is a so-called stable coin that corresponds one-to-one with the US dollar. It deposits the same amount of dollars as the issued amount in a financial institution with credibility and is also regularly audited and announced by an accounting firm with high public confidence. Reliability as a currency to authenticate
On the other hand, similar types of stablecoins do not pass such an accreditation process, so their reliability is being questioned.
Stable coins are mainly used as a reference currency for buying and selling other cryptocurrencies on cryptocurrency exchanges.
For this reason, cryptocurrency investors do not trust coin exchanges that do not use Alliance Coins.
Exchanges that are not part of the Alliance, a coin exchange group dominated by Yoosung, are eventually forced to adopt Alliance Coins with a cry of mustard.
At this point, the standard currency of coin exchanges is showing a unified appearance as the Alliance Coin.
All local currencies attracting customers are converted into Alliance Coins, and a corresponding amount is newly issued.
Most of that money is deposited at a not-so-low interest rate in New York financial institutions, or in the stable wealth management funds of BlackRock and Vanguard Group.
As a result, Yoosung is now treated as one of the best investors in New York with only the deposit of the Alliance Coin.
Moreover, since it completely dominates the cryptocurrency exchange market, it is actually said that he is the second richest person in the world after his older brother Eugene on Wall Street.
Considering that in Eugene’s past life, the market value of Binance, the world’s number one exchange, alone exceeded $100 billion, it is needless to ask that the value of Yuseong’s Coin Exchange Alliance is incomparable. .
“But as it grows this much, more and more people are coveting it.”
“Of course. you said it from the beginning Dominating the entire market is possible only in the early stages.”
In particular, he has always been aware that coins are sensitive to the regulations of each country and inevitably attract the eyes of those in power in each country.
“know. That means that it is better for the expansion of the market.”
It’s a pity, but Yoosung knows that sometimes it’s better to let go.
Many people have noticed that coin exchanges make money. Yoosung has already handed over several exchanges with a large influx of Chinese and Russians to Jiang Shiwei and Alexei Fyodorf at a good price.
And when the coin price rises again in front of us, we are under similar pressure.
“Still, I think I can get my price.”
“Stop it as much as possible. You are negotiating the price.”
The second ascent is still just the beginning. It takes at least a year to get the price right.
“okay. Can we sell half of it this time?”
“I think most of them pass over $50,000. Get as much price as possible.”
Eugene was slowly thinking of exiting the exchange market.