bitcoinlimit on Nostr: If anyone ever advises you to deposit your #Bitcoin for a purportedly risk-free ...
If anyone ever advises you to deposit your #Bitcoin for a purportedly risk-free yield—be it 5%, 3%, or even as low as 1%—you can confidently assume one of the following:
1) They are scammers and they will try to steal your bitcoins.
2) There is no two.
Unlike fiat currencies, no one can print or create new bitcoins—not Saylor, not any bank, not even Satoshi were he to return. You cannot provide a risk-free yield on an asset that has an absolutely fixed supply.
Published at
2024-09-20 22:05:17Event JSON
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"content": "If anyone ever advises you to deposit your #Bitcoin for a purportedly risk-free yield—be it 5%, 3%, or even as low as 1%—you can confidently assume one of the following:\n\n1) They are scammers and they will try to steal your bitcoins.\n\n2) There is no two.\n\nUnlike fiat currencies, no one can print or create new bitcoins—not Saylor, not any bank, not even Satoshi were he to return. You cannot provide a risk-free yield on an asset that has an absolutely fixed supply.",
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}
