We’re living in a crazy world that seems to be getting crazier by the day.
Especially when it comes to money …
If you deposited $1,000 in the average bank money market account one year ago, all you’d have in interest today is a meager 75 cents.
That’s bad enough. But now, with consumer prices surging, it’s much worse.
In just four days, inflation wipes out your yield for the entire year!
This is a big deal.
Over 120 million U.S. households have bank accounts. They’re ALL getting paid near-zero interest. They’re all getting ripped off. And they’re frustrated as all hell.
So, it should come as no big surprise that a new revolutionary alternative to traditional banking has burst onto the scene.
It’s called decentralized finance — DeFi for short.
In the new world of DeFi, there are no big banks running up huge costs, no fat cat bankers lining their pockets with huge bonuses and no central banks mandating interest rates at practically zero.
In DeFi, you cut out the middleman. And you have the opportunity to make yields on your deposits that beat banks by a country mile.
We split these opportunities into three categories …
Category No. 1: For a portion of your savings. Annual percentage yield (APY) opportunities have recently ranged from 10.02% on Celsius to 19.49% on Anchor Protocol two lending platforms that use blockchain technology, i.e., the very same tech driving the cryptocurrency market.
And even at the low end of this range, the yield is 134 times better than what’s available today in the average bank money market account in the United States.
Are they really comparable to bank accounts? No, except in one important sense …
Both examples for Celsius and Anchor are strictly based on deposits using stablecoins, digital assets that are pegged to the U.S. dollar and rarely fluctuate more than a tiny fraction in price.
Category No. 2: For a portion of your investment funds. I don’t believe these are appropriate for savings because they involve the risk of price volatility on half of your deposits. But in compensation, the yields are often far higher — up to 65% APY. That’s 26 percentage points better than the annual returns we’ve seen from the world’s best hedge funds.
Category No. 3: For funds you can afford to lose. The sky’s the limit. And we’ve recently seen extreme returns in excess of 100 times the principal.
But here’s the best part: There’s no barrier to entry. No deposit minimums or maximums. No lock-up periods needed.
You can deposit as little or as much as you want. And you take it out at any time with no early withdrawal penalties.
The main hurdle to overcome is this: DeFi is different from traditional banks. It can sometimes be strange, even a bit scary for those who have never done it before.
That’s why we’ve invested a lot of time and effort in developing educational materials for you.
And that’s why we’ve partnered with a pioneer in the field of crypto education, Chris Coney.
So, if you don’t already know him well, this is my formal introduction …
Chris Coney is a trailblazer in the world of crypto education, dedicated to teaching average savers and investors how to navigate the often murky world of the blockchain and decentralized finance.
And this is where they have the best opportunity to earn yields that are often far higher than those available anywhere in the traditional world of finance.
Chris has been part of this world for a long time.
He created one of the world’s first Bitcoin (BTC) courses in 2013.
He is the founder of Cryptoversity, the world’s first online education center dedicated to crypto and DeFi training courses.
And he’s the founder of Cryptoverse, boasting over 1,000 podcast episodes with 5 million downloads and interviews with 97 crypto thought leaders. So far.
Currently, Cryptoverse is dedicated primarily to in-depth interviews with the Weiss team of crypto experts, including:
To see Chris’ Sunday Special videos, just go to the crypto page of our Weiss Ratings website — they’re posted nearly every Sunday around noon. (See image below.)
To watch yesterday’s edition, for example, just click here.
Good luck and God bless!
Martin
