Fintech Wave

danang

Ethereum on the Rise

by Ken Carabello

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What's Up, Everybody. Hope you're well. On 17 July 2021, Ethereum was $233 USD. I remember that day because I was in #Danang , Vietnam checking the place out – with the intention of moving there. I ran into another expat, and we started talking. The topic of crypto came up, and I checked my phone to get the latest price on ETH and tell him what it was. Fast forward to today. Ethereum is currently trading at $3,289.90 per token. That's a 14X gain!!! And while this may not be the greatest ROI ever, I'll quantify it further by saying, if you had invested $10,000 USD in Ethereum last July, you'd be sitting on $140K right now. That's basically a condo. The good news is, if you're not already in crypto, it's not to late. We're at the dawn of a whole new era in Finance – Decentralized Finance (DeFi) in particular. DeFi as it turns out, is based primarily on the Ethereum platform. And with the explosive growth that has occurred in Decentralized Finance over the past year, it's no surprise that the price Ethereum has taken off. Crypto is here to stay. So it might be something that you want to investigate further – while prices are still low. Don't just jump in though. Due diligence is always a good thing. At the very least, try to bring yourself up the learning curve as best you can. Crypto is going to be a significant part of everyday life sooner than later. Good luck! Ken #crypto #defi #NFTs #ethereum #eth

by Ken Carabello

It was a wicked storm. After tearing through the Philippines last week, Typhoon Molave went straight at central Vietnam. And while Hoi An was probably hit the hardest, Danang – which is right next to Hoi An, got battered too.

Many trees were knocked by the high winds that Typhoon Molave brought. The Typhoon made landfall as a category 3 storm. And wind speeds were easily in the 120 mph range. So being outside while the storm passed through was not a sensible option.

The Vietnamese Authorities had imposed a “Stay at Home” order the night before the typhoon for this reason. The mandate stayed in place from 8mp Tuesday evening (the night before the storm), until 6pm Wednesday evening. By that time the storm had passed.

Many trees were knocked down by the storm. And unfortunately, several of those felled trees to power lines down with them. As a result, a large number of Danang residents particularly those residing near the beach, were without electricity after the storm passed. And for some, this power outage lasted as long as 48 hours.

Now that the storm has passed though, and most if not all of the power in Danang has been restored, the clean up process is underway. Residents are all pitching in; clearing downed tree branches and other debris. So that the roads and sidewalks will once again be passable.

The pics included here show some of the damage that was done in the area of Danang where I stayed. And the clean up effort that took place after the storm. I hope you enjoyed reading this post. Feel free to share it if you like. Catch you next time. Ken.

#typhoon #molave #danang #central #vietnam #extreme #weather #travel #seasia #tropical #storm #season #southchinasea