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Reply to "Banks and lending on crypto-someone teach me "
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[quote=Anonymous]I buy bitcoin ETFs, but a large part of me is skeptical about all of it. I think we are headed toward a fiscal meltdown at some point. I wonder if bitcoin will be viewed at that point as a safe haven, inflation proof asset like gold or more of a speculative asset that will be panic sold. Anyway, because I have cognitive dissonance on the issue. That I see it skyrocketing over the last 16 years, but that it could fall apart, I diversify assets. You know you can buy high income dividend or distribution paying ETFs like BTCI or MSTY, which profit off the volatility of crypto/bitcoin and generate insane weekly or monthly distributions? The trade off is nav erosion in most cases, but seriously look into some of these products. [/quote]
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