Category DeFi

When Money Dies: Turkey’s $500B Gold Secret

A thumbnail showing a burning Lira, with gold shining behind it. The image has historical references in the background with a turkish flag.

Turkish households are sitting on $500 billion in gold. That’s roughly six times what all Turkish banks hold combined.[1] However, this staggering hoard isn’t hidden from authorities—it’s an open secret. In Turkey, Gold sits in home safes, under mattresses, worn…

What Is a Stablecoin?

what is a stablecoin?

A stablecoin is a cryptocurrency designed to maintain a stable value by being pegged to traditional assets like the U.S. dollar, euro, or gold. Unlike Bitcoin, which can fluctuate dramatically, stablecoins aim to combine the benefits of digital currency with…

DeFi: The Future of Finance?

Bitcoin Ethereum Solana DeFi

Bitcoin has sparked a deep divide among influential figures, with some hailing it as a revolutionary financial innovation and others condemning it as a speculative trap. Proponents like Elon Musk, Jack Dorsey, and Michael Saylor see Bitcoin as a transformative…