Beware the Bitcoin Yield and BTCfi Larps: A Veteran's Cautionary Tale

Having spent over a decade immersed in the cryptocurrency space, I've seen countless projects make grand promises—many touting revolutionary returns and cutting-edge decentralized technology. Today, however, a trend has emerged where “Bitcoin DeFi” or “BTCfi” projects present themselves as decentralized marvels using slick dApps, crypto lingo, and smart contracts.

Source: news.bitcoin.com

Related symbols: BTCUSD