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Known as stablecoins, the digital currencies were meant to be less volatile than traditional cryptocurrencies. The platform, Stablegains, backed by the prestigious startup accelerator Y Combinator, advertised accounts that would hold a diversified set of cryptocurrencies pegged to the US dollar. So when he came across a new platform that offered an interest rate better than that of any traditional savings account, he was intrigued. Instead, Jonah kept most of his money in savings accounts.īut a few months ago, Jonah, who was back in San Francisco and working in financial services, worried that rising inflation was eating into his bank savings. Recession destroyed his friends' and family's livelihoods in the US, he began to rethink investing in the stock market. Having lost his job, he moved back to his native Australia, where the economy was better.
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That year, when he was 30, the tech startup he worked at in San Francisco shuttered. The Nasdaq had fallen 13.3% - its worst performance since October 2008 during the financial crisis. This past April, Jonah began to fear the stock market's decline would erase his family's life savings. Now customers are saying they were misled by the Y-combinator backed startup.They didn't know that their money was invested in terra (UST), the now defunct, cryptocurrency.Stablegains customers were promised 15% annual returns on their stablecoin investments.The deluxe version of his album dropped on what would have been Pop Smoke’s 21st birthday, July 20.Ĭontact Amanda Zhu at amandaz9888 ‘at’. With the versatility in his first - and final - record, it’s clear Pop Smoke had so much more to offer. On July 9, six days after the release of “Shoot for the Stars,” five suspects were arrested and charged. 19, Pop Smoke was shot in his house during a suspected robbery. “I looked my killer in his eyes, yeah, I’m talkin’ face-to-face” from the intro track “Bad Bitch From Tokyo” and the verse “Don’t let my heart turn cold” from “Got it On Me,” one of the album’s final tracks, almost eerily foreshadow his unexpected death. Various lines in the album are chilling, particularly following Pop Smoke’s recent muder. Pop Smoke’s signature drill music and originality carry the weight of the authenticity in the album.Įven with these features, Pop Smoke’s lyrics and intent shine through. For the most part, these features do not add much to the album other than establishing the release as more commercial and mainstream than Pop Smoke’s earlier music. The album is feature-packed, with appearances made by Quavo, Tyga, Future, Roddy Rich, DaBaby, the aforementioned 50 Cent and others. The latter track in particular seems to have been a tribute to his mentor, referencing lyrics (“Have mercy on me, have mercy on my soul // Have mercy on many men, many, many, many, many men”) from 50 Cent’s “Many Men (Wish Death).” “Mood Swings” embraces a more melodic tone, with Lil Tjay featuring in the second verse. On “Mood Swings” and “Got it On Me,” Pop Smoke sounds unnervingly similar to the Queens rapper. Pop Smoke had a very close relationship with rapper 50 Cent, who served as both Pop Smoke’s friend and mentor. Drill music is a style which emerged about a decade ago, and involves rap about the violent realities of living in disadvantaged, high-crime communities. His voice takes on a softer, mellifluous sound that heavily contrasts the gruff voice and drill music he is known for. The raspy, baritone sound that Pop Smoke is known for appears multiple times on this album, through “Aim for the Moon,” “44 Bulldogs” and “Gangstas.” On the other hand, songs like “For the Night” and “Yea Yea” reveal a new side of Pop Smoke that fans weren’t previously aware of. “Shoot for the Stars, Aim for the Moon” stays true to his original style while branching out into new territory. “Dior” is practically an anthem for New Yorkers, and became a staple in the soundtrack of marches in support of Black Lives Matter last month. Pop Smoke, born Bashar Barakah Jackson, had previously released two well-received mixtapes: “Meet the Woo” and “Meet the Woo 2.” His songs “Welcome to the Party” and “Dior” arguably served as the turning point that placed his name on the map. The mixtape was released through the efforts of Pop Smoke’s manager, Steven Victor, and with the help of co-executive producer, rapper 50 Cent, and other featured collaborators. “Shoot for the Stars, Aim for the Moon,” a compilation of 19 songs, displays his versatility and gives listeners an album more starkly unique than his older mixtapes. The posthumous album of rapper Pop Smoke who died last February was released on July 3.