Chasing a yield is what cost my best friend from college his life… He left a wife behind 2 children after getting rugged. Yields can only be sustainable in a fiat inflationary system. With Bitcoin, there is no space for banking arbitrage, in fact, bankers will be rendered useless and unemployed as soon as the dominos fall and we’re all on a BTC standard 🤙🏽
Damn that’s sad to hear about your friend.
It’s horrific. I’m still shocked 3 years later
sorry to hear but a very real reminder of how money can effect us🫂
We had these discussions, but he had a substantial Hodl, and it meant he didn’t have to work while collecting the yield. Within six months, he was all in and fully rugged, he knew the risks, but didn’t think it would happen to him.
Oh no, everything is complete speculation. Even bitcoin.😬