Critics Question Bitcoin-Backed Yields

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Source: Josh Man

Not everyone agrees with Saylor. Former Salomon Brothers trader Josh Man warns BTC-backed yield products could face liquidity crises, arguing fiat banks built safeguards that Bitcoin systems lack. With BTC still volatile, skeptics say “high yield + low volatility” may be unrealistic.

[Rimon Khan]

Fair point — high yields always come with hidden risks.

[Nahid Hossen]

Sustainable or not? Depends on the underlying collateral.