Where is the yield gonna come from from Other people's deposits.
I think this is one of the biggest problems the fiat system has
And money printing, but the yield. Man this is whyvthe world is fucked.
The yield and the USARY
Discussion
Check nostr:nprofile1qqsrtv3u6qkj6a09tnhr3l0wy67g9uw3t57ftqyqpvztpk3wmd6306spz3mhxue69uhkummnw3ezummcw3ezuer9wcq3samnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kqw532s8 and for what it’s worth, this yield I’m talking about is based on the fiat federal fund rate.
Another source of yield is liquidity providers on the side of Bitcoin-backed loan product strike offers.
Nahhh im good. I was just saying we dont need that as bitcoiners. No yield no stocks no funny business
We need more rug pulls so bitcoiners can remember why bitcoin was made
No funny business. Federal fund rate is about ~3%, which means my cash in fiat savings account (source of my daily dca) can earn up to that interest. And all I’m asking for is pay me that interest in bitcoin. I don’t need more fiat. Honestly, check nostr:nprofile1qqsrtv3u6qkj6a09tnhr3l0wy67g9uw3t57ftqyqpvztpk3wmd6306sprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyx8wumn8ghj7cnjvghxjmcyf9nhj for just that.
You missing the point. But its cool. You need that yield hahaha
You missing the reality of the situation. They inflate at 10% but give you chance for 3% redemption and you’re like nah I’m good with my moral high ground.
This is exactly why the federal government will always exist. Because of people thinking like this.
I think you’re not communicating but venting. Did you lose money previously because you chased the yield in Celsius or BlockFi?
I know Bitcoin is halal. I’m not asking for yield on my Bitcoin. Not my keys, not my Bitcoin.
I’ll say it one more time hoping you’ll get it: I’m trying to get more Bitcoin out of my DCA strategy. The extra cash that is pending Bitcoin conversion earns interest but that interest is converted and paid in Bitcoin.
What do you think about when it comes to inflation? They didn't have that back in the day. Think of earned interest as a hedge against inflation which is a modern problem.