Gustav: A word of warning about staking your #Bitcoin in order to receive a percentage yield. These schemes are revealed as scams almost as a rule.

I would encourage you to spend some time to think deeply about yield or interest. What exactly is it? How did it emerge from history?

Insidious patterns of thought remain in one's mind even when the system as a whole has been corrupted.

There is a certain intuition one has about it. You should let your money work for you, after all. But how many of those intuitions still hold today? And, in particular, hold true with Bitcoin? I will argue those intuitions were built during times of sound money and sound capital markets when most players had some level of trustworthiness.

I would ask my audience, where do you believe yield comes from today?

#hodl

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