0 sats \ 2 replies \ @DarthCoin 22 Sep \ on: Imagining A Future Bitcoin App bitcoin
The idea is that you lend out some of your sats which pay you an interest,
Wrong. In a deflationary economy and with a limited supply, there's no such thing as "interest".
"you lend out some of your sats"... but in exchange for what? Again going back to fiat?
It's fucking simple: you save sats to spend later. You do not have enough, you do not spend. SPEND FUCKING WISELY.
BETTING
LOL are you fucking serious?
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0 sats \ 0 replies \ @OT OP 22 Sep
Lending is not for me.
Someone might want to make a larger purchase like a car or a boat. They have a steady income in sats but they want the thing today. So they borrow bitcoin and pay it back with interest.
As for betting you wouldn't bet 100 sats on a game? It makes the game more fun to watch.
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0 sats \ 0 replies \ @Thereal 22 Sep
I think Bitcoin DeFi is another package of theft as inflation did to fiat!
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