The Killer App of Cryptocurrencies is YIELD
Yes It Is...
The whole financial world and in fact, anyone who wants to retire is looking for a better return on investment. Now, yield is getting harder and harder to get. Back in the 80's you could just park your money in a saving account at 8% or 10%. Our generation doesn't have that luxury.
To add insult to injury, assets prices are going parabolic since our government decided that printing money is the best solution for our country's fiscal troubles. Since Nixon got us out of the gold standard, the US Dollars has lost 95% of its value.
The first killer app was Bitcoin. Digital money, independent of governments who cannot be inflated away, is faster, better, stronger, and cheaper than the current legacy system. (You can transact a billion-dollar in a few minutes across the world for pennies)
The second killer app is yield. 100 Trillion dollars is moving around in search for better returns. Now crypto can provide their users with yield in a transparent way, where you know exactly where, how and when it was generated and that in the cryptocurrency of your choice.
Do you like USD still?
Get 10% of USDC. Do you prefer BTC? Get 6.40% on BTC using Celsius Network or Blockfi.
Sign up to Celsius Here: (Get a Free $50 in BTC)
Sign up to BlockFi Here: (Get a Free $10 in BTC)
Disclaimer
This is for entertainment and educational purpose only. Not financial advice.
Leave The Killer App of Cryptocurrencies is YIELD to:
Read more #crypto posts
Best Posts From cryptoctopus
We have not curated any of cryptoctopus's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From cryptoctopus
- The Fall of Celsius Network: A Cautionary Tale in the Crypto World
- Hey Everyone, just checking in
- ๐ Probably the most important article about bitcoin you can read to understand what's really happening right now. ๐
- The CDPQ announcement is a big deal for crypto
- The True Meaning Of Halloween
- Yield has been my best pitch for crypto
- Michael Saylor's Strategy to Retire Off of Bitcoin | Tax-Free Wealth
- Bull Or Bear on Bitcoin?
- Lesson Learned: Don't Improvise Yourself As A Trader
- What keeps me from reinvesting back into HIVE or LEO