What is Nostr?
sms / Seth Michael Steele
npub14ev…lrc7
2024-09-19 19:01:02
in reply to nevent1q…05ta

sms on Nostr: Only reason is 14% apy in btc denominated yield. Not propped up by some kind of defi ...

Only reason is 14% apy in btc denominated yield. Not propped up by some kind of defi scamonomics, rather it leverages the inequality of the fiat system and lets the individual take advantage of an opportunity. If MSTR borrows at a rate of 0.86% and I borrow at 33%, they have an extremely unfair advantage to leverage debt and stack more sats.

It’s got me wondering if I’m leaving sats on the table by only stacking spot.

I’m in no rush, I like to be 100% on decisions before I take action. Maybe it’ll be something I do during the next bear, but if I did that I’d probably want to be back 100% spot btc by the following bear.

Seems like no matter the case I’m going to want to end with all my exposure in self custody, which ultimately might be my reason for not doing it in the first place 🤷‍♂️
Author Public Key
npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7