Replying to Avatar Comte de Sats Germain

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...
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TallBrian 1y ago

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.

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Comte de Sats Germain 1y ago

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