0:22 Holding bitcoin
0:44 Problems in holding bitcoin
1:02 Investing bitcoin on start ups
1:16 Problems in investing bitcoin
1:40 Lending through a DeFi Platform to earn passive income
2:34 Problems in lending bitcoin
2:41 Using a DeFi contract – convert bitcoin to ether or dai
3:38 Are Defi contracts risk free?
For someone who is holding bitcoin, what are the options for putting that bitcoin to work and earning some passive income? Besides the first option of simply holding, how else can you put your bitcoin to use? From investing in businesses, to DeFi, Andreas walks through the risks and rewards of different options.
This question is from the Patreon Q&A livestream, which took place on Jun 27, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Related Videos:
Q&A: DeFi Explained in Laymans Terms – https://youtu.be/RxrqNmv2tR0
Ethereum Q&A: Dai Savings Accounts – https://youtu.be/JgvU_2wHUJI
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