The following is a guest post by Laura Wallendal, CEO at AcreBTC.
As I write this, Binance just had to clarify that their new 19.55% APY token “isn’t a stablecoin” but a “reward-bearing margin asset.” If you had to read that description twice, you’re not alone. History doesn’t repeat, but it rhymes – and this tune sounds suspiciously like 2021’s siren song of complex yields, derivatives on derivatives, and promises that sound too good to be true.
Bitcoin crossing $100,000 and Coinbase trending on the App Store brings more than just numbers on screens – it brings temptation. With a $1.8 trillion market cap, the pressure to put that capital to work has never been stronger.
Last cycle, that temptation led millions to surrender their Bitcoin sovereignty for promises of yield. They traded their keys for returns, their security for opportunity. The result? Over $20 billion of Bitcoin locked in centralized platforms – wealth that evaporated in a cascade of frozen withdr
We współpracy z: https://cryptoslate.com/the-keys-to-sovereignty-why-this-time-is-different/
