TLDR
Centralized Off-Chain Crypto Interest on Holdings — and Collateralized Loans Against Crypto — Seems Like a Great Idea? But there are huge pitfalls to trusting The Man with your units of value… with YOUR money. Centralized bank-backed solutions offer some great incentives to help you feel safe handing over your hard-earned crypto, like a $100 million insurance fund or tax-friendly income while not spending your assets. When you put your crypto debit card onto a credit card, you’re actually just giving it to banks to hold onto and with that that information, as well as the right track your data.via the TL;DR App
no story
Written by jare | https://linktr.ee/STACCart
