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Exactly, you are giving them your money for some dust over a long period of time. Just buy bitcoin. One will end without your money, and a worthless shitcoin; the other you will still have your bitcoin.
You'd be earning native BTC rewards every two weeks from those stacked STX.
At the absolute minimum, You'd have the BTC rewards you earned from each cycle.
So for the cautious you would run a certain number of cycles (~2 weeks each), See what the BTC reward was and what the STX token is doing and make a risk-adjusted decision for yourself.
If you hate it, Sell the STX and you still have the BTC reward.
Obviously this is for the curious. People do as they wish.
Additional context and transparency. I currently stack 15k STX and my last BTC distribution was $18.50 worth of BTC (0.00074708 BTC).
So... $5k to $9k worth of stacks for $20 in BTC every 2 weeks... lmao. Just buy the BTC
I like the upside of Stacking and investment in a Bitcoin layer.
I do hold mostly BTC.
I havent heard this comparison and not familiar with a faucet website.
The important nuance here with Bitcoin "yield" products is: Where is the Bitcoin coming from?
Most dont appear to be sustainable. With Stacks and the way mining/stacking work, I would argue its one of the more sustainable options on the market.
Though Eximpius used the word dust below, so part of this is your risk tolerance and future view of an altcoin. $STX in this case.
Well, what I think he is saying is you can apparently earn bitcoin while using/holding STX. Which is eerily similar to a lightning faucet website, or a bitcoin slots website, etc: They aren't bitcoin trading websites, but you can still get bitcoin from them in a different way.
Just so you know I agree with the gist of what you are saying, and i'm not advocating for any shitcoin with this comment