Depressive Hacks R&D

The last week has been pretty chaotic. Personally, the economic slowdown has shown itself at my day job, second job, and freelance work. Money just isn't being spent the way that it was six months ago. Maybe that's for the best after what has happened this week in crypto. If you aren't familiar, the world's third largest exchange became insolvent after they got over-leveraged. This terminology may not be something that you're familiar with or you may not see how this applies to crypto, so I'm going to take a little time to explain. Many people all around the world maintain a bank account. You open a consumer account, deposit your money, and the bank holds your money for you until you go back to get it again. That's the basic format of how banking works for the consumer. However, it doesn't explain what is happening behind the scenes. The bank uses the money that is deposited to finance other operations that make money. For example, small business loans f...

This post isn't going to be a long, drawn-out ramble like the last one. Instead, I want to call you, dear reader, into action. Depressive Hacks came about as a concept drawn upon my need for an outlet for my creativity and my love of learning and education. I don't know if I will ever run out of random things I find fascinating to discuss here and I absolutely love that. However, this blog isn't meant to be just a space where I can yell into the void of the internet with more than 140 characters. I want it to be a collaborative and creative learning space for everyone. With that being said, I am officially opening up this platform to anyone who would like to do some type of Q&A about any topic they find fascinating and have expertise in. Some qualifying rules and regulations. First, it doesn't need to be something you do professionally. It's great that people can take their passions and make them their jobs, but most people have more passions than jobs. If you h...

Alright, so bear with me here. I've been investing for a few years. I went to business school, got an MBA, and have worked in a few different corporations. Just before COVID, I had started trying to allocate some occasional extra money to a TD Ameritrade account. Then, nobody could do anything for months and months. Eventually, my lease ran out and I moved back home for a short time. There, I started putting money away into public stocks and my investing journey was in full swing. I have zero intentions of talking about specific investments in my blog. If you want that type of content, Twitter is the place to look. I'll happily discuss my holdings and any details. In fact, my whole public stock brokerage portfolio is posted on www.depressivehacks.com in an effort to provide transparency.  As I began doing more and more research, I started to learn more about alternative investments. I started diversifying into crypto in early 2021 and have just become super interested in what...