Nostr Web Client

Reminds me of the bitcoin saving accounts in 2021. All the podcasts were talking about it. But it never made any sense. Because the yield never existed.

I wonder how and how many will get rekt this time

nobody 1y ago

🎯🎯🫡Blockfi, Celsius, Voyager, FTX to name a few.

Free yield.

They ALL went the route of fractional BTC & this seems to be where the ETF’s will head as well. IMO.

Fractional = eventual death.

Reply to this note

Please Login to reply.

Discussion

node 1y ago

I totally agree. They’ll have to break the 1:1 reserve to make it more profitable.

Play fiat games win fiat prizes

nobody 1y ago

Time will tell and we look nuts talking about it so soon after launch probably but I could not agree more.

The temptation will be too strong. Fiat games will be played. Fiat prizes will be won.