18 Dec Any strategies for conserving / earning passive income of BTC when Bitcoin explodes?
There is the chance that bitcoin actually exceeds our expectations and goes to a million. “When?”, is something nobody can answer.
I would rather live like a prince for the rest of my life, than a king for a few years. I would like to earn interest of my bitcoin, if it were to go to say $1M USD. I don’t trust platforms by the likes of BlockFi and Celsius because they are really small, and I’ve seen bigger companies go bust like Lehman Brothers and many banks in the US during the GFC… If a bank can go bust, then fucking sure can these CeFi platforms.
I would like a platform like Vanguard or an ETF that pays dividends, something as reputable as Vanguard or a Blackrock ETF.
Do you think that it’ll be possible to do this in the future? A way to hold my bitcoin safely, yet earn decent money of it?
I understand this idea may be farfetched.