Social Fi Achievements

Wrapping up my morning thoughts.  

All of us in crypto have plenty of friends and acquaintances who are interested in it but don’t want to deal with wallets, seed phrases, and all the technical stuff.  

So, they keep all their crypto on exchanges. That’s 90% of regular people. And most of them are not into trading or speculation. Airdrops? That’s just another form of speculation, a new kind.  

For them, I’d say the only real crypto portfolio option is Bitcoin—100% in BTC. No inflation, no staking, no hidden earnings.  

No headaches about understanding the difference between Taproot and Native Segwit in Bitcoin wallets.  

I didn’t fully get this before. But when I realized that 90% of my Ethereum earnings came from staking and airdrops, it became clear: people holding ETH on exchanges will never be able to benefit from this. And if they can’t, then there’s not much point in holding it long-term.

😨 /fomies 🧐 /etherschool 📔 /diaries 💼 /hodler 🏋️ /gymvibes 🛫 /traveljunkie 🦜 /lingoleague