Exit the system - Buy Bitcoin - Store self-custody, Run a Bitcoin Node, Run a Lightning Node - Start Channeling, Run a Home Miner, Spend via Lightning.
@jackmallers@AdamSimecka Wow, degrading step-by-step. I did respect you. It might hard to see from your inside but dont follow/fall for THAT money. If you do, @SimonDixonTwitt will get right all way long.
@marc02200 You can also go 100x on Bitcoin. Still, higher opportunity means higher risk if the market is relatively effective. At least, no investment is risk-free.
@RatRatRatC37822@maxkarpis Exactly. And the bank system is exactly what I am questioning here. I think you need to study deeper. For example: Study Fractional reserve banking, inflation and counterparty risk.
@RatRatRatC37822@maxkarpis Of course you can pay such interest. My question is who is really paying the 2.65%? They are not paying 2.65% to you for fun. They lend your money out to whoever pays more than 2.65% to borrow it, right? Is that lending risk free. Probably not. Who is taking the risk 🤷♂️
@maxkarpis Bla, bla, bla, always word salad from finance guys. Show me the math. I happen to understand a few things about math, money, inflation, risk and yield.
@fiatarchive Isn't that the guy who hosted parties when he told everyone else to be isolated? I wonder what he is doing when he tell everyone that Bitcoin is a ponzi...
@magnushambleton "There's no such thing as a free lunch" is an economic proverb meaning it is impossible to get something for nothing. Every "free" offer has hidden costs, trade-offs, or requires someone else to pay, emphasizing that resources are scarce and all actions involve a cost.