Doq Holliday
@doqholliday
24 May, 11:52
I still don’t think people truly understand what is happening to banks.
I keep seeing headlines like “The Bank of _____ is now offering crypto services”.
I laugh.
Once a bank turns someone’s FIAT money into crypto, the bank will never get it back.
You can then send your crypto to a yield farming service and get 9%-19% APY on your funds.
Imagine keeping your money in a bank after learning this.
The banks are allowing this big shiny trojan horse into their systems, not truly understanding the freedom it will bring to humanity.
Crypto is a golden off-ramp to get your money out of [their] system.
I keep seeing headlines like “The Bank of _____ is now offering crypto services”.
I laugh.
Once a bank turns someone’s FIAT money into crypto, the bank will never get it back.
You can then send your crypto to a yield farming service and get 9%-19% APY on your funds.
Imagine keeping your money in a bank after learning this.
The banks are allowing this big shiny trojan horse into their systems, not truly understanding the freedom it will bring to humanity.
Crypto is a golden off-ramp to get your money out of [their] system.
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Mic Band-Z
@Bandido45
24 May, 12:05
In response Doq Holliday to his Publication
who is this farming service you speak of?
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there is more than one. Might want to just google "yield farming platforms' and go from there and do some reading. I will say that I do not farm at this time I stake some of my assets which is making APY on the amount of tokens I keep locked up.
01:22 PM - May 24, 2022
In response Mic Band-Z to his Publication
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