RE: How Crypto Lending Platforms Are Encouraging Short Markets
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I'm going neck deep in crypto lending platforms lol. The model of needing to have collateral first just makes so much sense and the interest rates are what any long term saver would drool over. If people are worried about "volatility" of crypto then why not just get a stable coin and earn 10+% on it instead?
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That's the trade-off I keep trying to explain you can accept faux stability with a guaranteed of you losing purchasing power over time,
Or you can accept volatility but be guaranteed that your purchasing power increases year over year.
How you want to play both sides is up to your risk tolerance