Bitcoin isn't designed to generate passive income. It's designed to protect you from a system where you need passive income just to keep up. That’s a key difference.

Yes, you can "earn yield" by handing your Bitcoin to someone else—but as we’ve seen (Celsius, BlockFi, FTX), yield in this space often means you become the yield. You take all the risk while others get the upside—until it all collapses.

Expecting Bitcoin to act like a bond or dividend stock is trying to force it into an old mental model. Bitcoin isn't here to give you yield—it’s here to give you sovereignty.

Over time, as the system around it continues to erode, Bitcoin’s purchasing power is the yield. No rent. No counterparty. Just patience.