Ok, tell me if this stack makes sense:
nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en to buy. Maintain emergency 3-6 month cash balance and get 3.5% yield paid in Bitcoin (this offers downside protection for the rest of the strategy below in the event of a bear market in that you still have dollars but they are earning a yield in real money. )
nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 for direct deposit >monthly transfers to FOLD
nostr:npub1a27t5chyqgfygncyfqwzpvvkrms6shhal9756jkgnpyzjqpsz5jqama5yp for daily spending and bill pay to capture rewards.
Sweep accumulated savings into Unchained multi-sig and use their IRA product for retirement.
Only thing that’s missing is Bitcoin Collateralized mortgages.
Is that yield from River based on a btc balance or a fiat balance?
If btc, I would treat it with suspicion. Yield comes from making loans - its only a matter of time til any btc loaning business goes bust because btc is deflationary. And then your deposit becomes a donation...
I haven’t signed up with any of these services yet so DYOR but I heard on a Podcast the 3.5% yield is on dollar balances and paid in Bitcoin.
In that case, easier to stomach. But apply that principle to all of them... Seems like every cycle has a few that go bust. Its the loaning business that does it
