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Patrick McKenzie on the unsustainability of yield farming

2 点作者 Liron大约 3 年前

1 comment

tannerbrockwell大约 3 年前
patio11 has a long term bias against crypto. When investing beware of inherent biases. Betting against yourself can be an advantageous move. A position taken out in BTC or ETH is acquiring a deflationary asset, if you believe that the US Government ever intends to retire the national debt, I have a bridge to sell you. All they can do is inflate or default. Under such circumstances, an asset that is finite and deflationary will appreciate in USD terms. Also SBF is pretty obviously just a snake oil salesman. He will have positioned himself to benefit maximally from a crash, which does not mean that we will not continue a long term bull run.