16 votes

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

This is possible, but not exactly in the way you're expecting! Consider what you really want here: is it just an increased number of dollars or BTC? Nope! What you want is an increase in your buying ...
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  • 17.2k
11 votes

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

You misunderstand the fiat banking system. You aren't really maintaining custody of the dollars in your bank account when you earn interest. You have actually lent your money to the Bank and the ...
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6 votes

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

No, that is not possible. Even in the fiat world this isn't possible. Bank accounts only earn interest because banks pay out interest. This isn't a feature inherent to fiat. The analogy to Bitcoin ...
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  • 60.5k
4 votes

Is it cryptologically possible to create a smart contract which SAFELY gives me "altcoin interest" on my Bitcoins?

Lots of things called "decentralized" or "defi" are scams, and I vigorously encourage you to stay away from them. Some of them are real, or useful, and have varying degrees of ...
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2 votes

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

I consider the idea that any rich people are just living forever off passive wealth more a simplification of their weird little world than what actually happens. When you accumulate any large sum of ...
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1 vote

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

I frankly don't understand why any bank would give you money (rather than charge money from me, as my bank does) for simply keeping your money there, but since it's apparently a thing, I thought that ...
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1 vote

Is there logically any way to "live off of Bitcoin interest" without giving up control of your coins?

The only "interest" on bitcoins is if they increase in value. If your bitcoins increase in value relative to the world economy, you can sell some of your bitcoins for income and still have ...
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1 vote

Can I generate passive income on BitCoin

If you buy 100 bitcoins for $10,000 ($100 per coin), indeed you will always have 100 coins, you will never end up with 101. But if the price increases to $15,000 for your 100 bitcoins, you could sell ...
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  • 11.3k
1 vote
Accepted

As of June 2017, which exchanges let you earn interest on your Bitcoin holdings by lending it out?

Bitfinex allows you to lend BTC, USD and others. Current rates for BTC are about 4% APR. Bitfinex
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