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First you'll have to explain to me why you would give somebody your bitcoin and allow them to give it to somebody else!
by eric_cc 4y ago
First you'll have to explain to me why you would give somebody your bitcoin and allow them to give it to somebody else!
- NovemberWhiskey 4y ago... because they promise to give you back one BTC plus something else of value?
- matheusmoreira 4y agoInterest. Right now Binance is offering 5% APY for BTC savings. If you give them your BTC, you'll stack sats automatically.
- alecbz 4y agoYou really don't need to explain why; it's enough to observe that people do it.
- TomSwirly 4y agohttps://www.bankrate.com/glossary/r/repurchase-agreement-repo-loan/ https://www.bankrate.com/glossary/r/repurchase-agreement-rep... Every single day it's Economics 101 here.