8 ms·

“Purely speculative” is what makes it more akin to gambling than investing in income generating assets.

• PretzelPirate 5y ago
  Crypto can be an income-generating asset just like any stock that pays dividends. You can use lending protocols or act as a liquidity provider and, in many cases, have your income earned in a stable coin (such as USDC).
  • pjc50 5y ago
    Hilariously, crypto has reinvented fractional reserve banking. "Staking" is just traditional fixed-duration lending, but with some weird caveats and liquidation rules borrowed from margin trading that you need to read carefully.
    • cuteboy19 5y ago
      Most importantly, it has no real guarantee. There is no reason why our beloved Tether inc can't just vanish from its Cayman Islands headquarters one day