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> BlockFi had marketed the account as risk free, yielding 6.5 percent interest If you ever see someone selling a product with these features they are outright
by jandrese 4y ago
> BlockFi had marketed the account as risk free, yielding 6.5 percent interest
If you ever see someone selling a product with these features they are outright lying to you and are probably going to rip you off.
- version_five 4y agoThat's my point - greedy people ignored this, and now are whining when their too good to be true "investment" was too good to be true
- sigstoat 4y agolegitimate financial products have offered that rate and higher in the last 40 years. look up historical CD rates.
- coredog64 4y agoI-series bonds from the US Treasury are at 8-9 percent, and that’s about ask risk free as “risk free” gets.