Luke Gromen argues that Bitcoin’s lack of yield serves as a strength, making it a stable store of value compared to riskier yield-earning investments.
Those criticizing Bitcoin for lacking yield showcase a form of Western financial privilege, as they overlook the inherent risks in yield-bearing assets, exemplified by the FTX collapse.
Contrasting with Bitcoin, Ethereum’s proof-of-stake model allows investors to earn yields, drawing institutional clients who seek more profitable options.
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