pull down to refresh

145 sats \ 3 replies \ @Zepasta 8 Nov 2023 \ on: Would you loan your bitcoin to a TradFi bank (BofA, Chase, etc.) for yield? bitcoin
I have seen enough lending platforms going bust in 2022/2023 to know this is a terrible idea
write
preview
6 sats \ 2 replies \ @bitcoin_rationalist OP 8 Nov 2023
totally, the stipulation for this thought experiment is that you would hold your keys so if the lending institution went bust, your bitcoin would stay with you.
reply
10 sats \ 1 reply \ @Zepasta 8 Nov 2023
Hmm. I can't trust a third-party with my bitcoins. I would've to do my own research on how exactly they can lend bitcoin without actually giving up the keys.
reply
0 sats \ 0 replies \ @bitcoin_rationalist OP 8 Nov 2023
it might not even be a thing...at this moment. maybe this is a thing in the future!
reply