“DeFi is a scam” says some guy getting 2% APY from his local bank.
It’s so ironic how people never stop and think that a scam is investing money in something that barely brings in any profits.Even if banks weren’t corrupt (which they most definitely are) they still wouldn’t have the right infrastructure and volatility needed to offer the high APYs that crypto platforms like UniSwap or Bonded Finance offer. It’s just not possible. DeFi can do it easily because it’s very dynamic. And no it’s not riskier than banks. If you know the right coins to stake it could be just as safe as banks
Ingrandisci immagine - Repost: “DeFi is a scam” says some guy getting 2% APY from his local bank. (from Reddit.com)
It’s so ironic how people never stop and think that a scam is investing money in something that barely brings in any profits.Even if banks weren’t corrupt (which they most definitely are) they still wouldn’t have the right infrastructure and volatility needed to offer the high APYs that crypto platforms like UniSwap or Bonded Finance offer. It’s just not possible. DeFi can do it easily because it’s very dynamic. And no it’s not riskier than banks. If you know the right coins to stake it could be just as safe as banks
Ingrandisci immagine - Repost: “DeFi is a scam” says some guy getting 2% APY from his local bank. (from Reddit.com)
Social Media Icons