DCDS — Digital Credit Derangement Syndrome. A rapidly spreading condition in which otherwise rational Bitcoiners become convinced that a 12% dividend on a preferred stock is the same thing as a risk-free 12% return. Common symptoms include: Obsessive monitoring of STRC, SATA, and SATS. Referring to dividends as “yield” without discussing risk. Believing financial engineering creates free money. Uncontrollable use of the phrase “digital credit.” Sudden inability to distinguish Bitcoin from a corporate security. Warning: If you or someone you know is suffering from DCDS, seek immediate financial attention. There is no known cure.
Fred KruegerShare
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