Post
Topic
Board Bitcoin Discussion
Re: Earning interest on bitcoin without giving up your keys
by
doomloop
on 23/12/2021, 21:54:33 UTC
Wouldnt it be great for the holdlers if you could earn interest on your bitcoin and not give up your keys? So ive heard of this new thing from some other guy
called Atomic finance that just does exactly that. Sounds interesting.  The way crypto is always evolving i bet its just a matter of time before we can safetly earn interest on bitcoin but i am no expert on this. Does anyone here know of any upcoming projects like atomic finance that are doing exactly that?
I’m still trying to imagine how that’s going to be possible. For you to be able to earn interest from any business or asset at all, you will have to have invested it in something – take for example, when you invest your money on a platform or company, the company does business with your money to be able to pay you the interest.

The interest doesn’t come magically, they have to do business with it and generate income and then pay you interest. Now talking about cryptocurrency when you have the keys, it means that no one has access to your coins, and if they don’t have access to your coins, how then will they be able to get you the interest you are looking for? So, if any business is claiming that you will get interest without giving up your keys, then I am sorry to say it’s all lies.