Living Overseas Passively 06: Cryptocurrencies - MFI Series1, #35 - E-book - ePub

Cryptocurrencies have had a rocky introduction to the mainstream, but that's what we expected. One of the selling points of crypto is the absurd amount of interest they pay you to invest. In particular, the stable coin USDC has a whopping 9% interest rate. We can move overseas and live quite comfortably using that colossal interest rate. Even better, if we can keep our spending at around 4-5%, we will never run out of money. Once we have enough USDC interest to cover all of our expenses, we can invest in slightly more volatile coins that pay huge interest and have a chance to appreciate as well.
Things are looking brilliant for the future of crypto and our lives overseas.