Is BlockFi the Future of Finance?
<p>The first question anyone has when they hear about BlockFi is: “What’s the catch? 8.6% APY sounds too good to be true. That can’t be legit.”</p> <p>I went DEEP to understand how they do it, and it’s legit. Essentially, BlockFi arbitrages the fact that traditional finance and crypto don’t like to deal with each other. We'll cover:</p> <p><br></p> <ul> <li><strong>What Does a Bank Do?<br> </strong></li> <li><strong>What BlockFi Does<br> </strong></li> <li><strong>Stablecoins and 8.6% APY<br> </strong></li> <li><strong>Grayscale Bitcoin Trust<br> </strong></li> <li><strong>The Race to the Finance Super App<br> </strong></li> <li><strong>The Offer<br> </strong></li> </ul> <p><strong>Read the </strong><a href="https://www.notboring.co/p/is-blockfi-the-future-of-finance"><strong>full post at Not Boring</strong></a><strong>.</strong></p> <p><a href="https://try.blockfi.com/partners-promo/?utm_medium=partner&amp;utm_source=media&amp;utm_campaign=notboring&amp;utm_content=4_2021"><strong>Sign up for BlockFi</strong></a><strong>.</strong></p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message
"Age of Miracles" · Packy McCormick | Turpentine
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Show Notes
The first question anyone has when they hear about BlockFi is: “What’s the catch? 8.6% APY sounds too good to be true. That can’t be legit.”
I went DEEP to understand how they do it, and it’s legit. Essentially, BlockFi arbitrages the fact that traditional finance and crypto don’t like to deal with each other. We'll cover:
- What Does a Bank Do?
- What BlockFi Does
- Stablecoins and 8.6% APY
- Grayscale Bitcoin Trust
- The Race to the Finance Super App
- The Offer
Read the full post at Not Boring.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message