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Inferior Assets Require Yield

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@chekohler
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I've been in the bitcoin space since 2015, and man I've learned a lot in those times, I've tried out the shitcoins, I've tried the yield products, I've tried the liquidity pools and DEFI nonsense, and I have to say the more I learned the more disillusioned I've become with the amount of false advertising and lies.

Crypto is all a failed attempt to replicate bitcoin in the home of recycling out more fiat at the end of the day or worse rob you of your bitcoin and the opportunity to purchase bitcoin. It uses complexity theatre, narratives, unit bias, affinity scams, and millions in marketing to keep you from realising it's all inferior assets.

There is no second base

There is NO second best, there is no crypto that can hold candle to bitcoin, so they have to come up with ways to keep you distracted. Airdrops, staking rewards, fees from lending are all used to keep you coming back for more, to hold tokens the issuers are selling and turning into bitcoin.

The entire industry is designed for you to keep taking more and more risk and keeping your funds in harm's way as you use wallets that keep your keys hot, smart contracts that can be exploited or exchanges and centralised platforms with third-party custodial risk.

Bitcoin is the risk free trade

Bitcoin already has number go up technology built into it, all you need to do is lock it away in an air-gapped wallet and you're assured you'll never be diluted EVER. As long as you look after your keys no one can steal from you.

You are fully in control and it's a feeling I wish everyone gets to experience. Trying to outperform bitcoin is pure greed and will see you get hurt.

I am not saying you shouldn't mess around with certain products and services, have at it, its your money to do as you please, but you really don't have to, bitcoin works great just the way it is today.

Bitcoin allows you to take your chips, completely off of the table.

It is the risk free trade, crypto is the complete opposite, in most cases, crypto is return free risk.

99.9% of people will not outperform bitcoin

The truth is none of your coins are going to outperform bitcoin, on the slight chance that they do, you're either using leverage or you're outperforming on paper, but you will NEVER realize those gains because no one knows when to sell at the top.

This is the truth, it's mathematically proven, and the sooner you realize it, the happier you'll be, it will take such a burden off your shoulders, and you'll be free to do as you please.

You wont be bothered by news, by drama, by failed attempts to copy NGU technology and you can go on to do what you do best, turning your talents into a productive force for society instead of wasting it looking at charts and playing this game of muscial chairs.

Have your say

What do you good people of HIVE think?

So have at it my Jessies! If you don't have something to comment, "I am a Jessie."

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