Does BlockFi’s effectively creating a savings account that earns interest nominally, technically introduce fractional reserve banking to Bitcoin?

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True, it’s more like a savings and loan bank

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I don't think they can create token out of thin air

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I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

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What do most people invest in for their Roth IRA portfolio? I’ve heard target funds and ETF’s..which one is better?

Looking for advice from anyone who has a 2nd home. I’m looking to purchase another home and rent out my first. Was there any challenges I should be aware about in the financing/approval process?

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What is the best personal loan providers at the least interest?

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What does 401k mean?

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Thoughts on personal loans to consolidate Debt?

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Any pointers on the best UK credit cards to get?

(Context: I'm a Londoner moving back home after 5 years in NYC)

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I have an investment idea. Would be great for banks and investors to speculate, but it involves creating a market for the product. Who should I approach first banks or investors?

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FL peoples: I signed a lease for a new place to start May 1 as my current landlord sold the unit I'm in. Turns out, the buyer wants to keep renting the unit and asked if I want to stay. Of course I want to stay. My new lease hasn't started so I'm pretty sure I can easily back out. For the new lease, I'm still pending full approval from a condo association as I have to do an in person interview. I have paid first months rent in advance. Is there anyway to get that money back?

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Can anyone invest in Roth IRA asking with 401k or is there a limit based on salary? I was told if you are making above X, you can't invest in Roth IRA. If this is true what's is X amount?

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Just closed on my first home!!!!

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When picking up a J2, how much should you include about J1 on a background check?

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Can I live comfortably in Dubai on 25k a month? With wife and kid too?

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How useful do you find bitcointalk to be?

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Prefer GOAT or StockX?

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Lebron James has extended his contract for $97.1 million including two mandatory years and an optional third one. Why does someone need so much money in their life?

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I am not able to upload my tax declaration details from the greyHR portal. It is showing an error message since morning. Is there anyone else who is facing the same issue

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Any New Yorkers free for a drink tonight?

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How did you deal with bad impostor syndrome when applying for jobs even though you know you are more than qualified?

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Make 72k with not a lot savings at the moment since I am new in the workforce. Any advice on how to break into real estate.
Also already own a primary residence.

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What's wrong with SAP stock prices ? It's downfall is from last 5 years!

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Can we claim for education loan interest deduction while filing our taxes if the loan was taken from a foreign (ex. Indian) bank?

Hey folks, what is average fixed CTC of supervising associate in RM profile, also what is appraisal and bonus cycles in EY GDS. is there any wellness program like Deloitte.

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Hi Guys, Kindly help me with likes :)
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This fishbowl isn't really active, is it 🙄

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Hi Fishes,

Request your support to like this post, please help me with 11 likes to enable DM.

Thanks

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What do you think would be the best office & sector to work in ?

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PwC is hiring and offer their US employees work from home option. DM me if interested. Can help search for openings and refer for all locations in US. Fast response.

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Additional Posts in Bitcoin (BTC)

Why does this bowl treat head of strategy like he’s Satoshi Nakomoto? Hedge every currency buy with LINK because it’s a protocol and distributor.

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Hi,
If anyone interested in NFT project HMU. Looking for partners

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Just saying... 🤷🏾‍♂️

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Bitcoin about to tank?

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The basis of my bitcoin investing thesis

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Are you going to pay for Dan Held’s newsletter now that he is going to a freemium model? Why or why not?

20Week MA now at 32k 👍

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Sold 10% of my ETH @$2,500 to pull out my initial cap investment - so tempted to throw it into btc on this dip. Should I pull the trigger at $50k or wait for $47k?

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I lost a lot of bitcoin sometime, had to file a claim @recoverydome. I was given some great tips and insight too. They could also give you some clues to work with when you HODL

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Anyone think the federal reserve will end up buying bitcoin to create some stability with the dollar?

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In the same day

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Biden committing to not only additional infrastructure stimulus, but also another civilian stimulus package. Seems too good to be true 🚀 btc go brrrr

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It’s will be curious to see who is buying here, vs wondering about “no dips” later on

might be worth lighting dollars on fire for warmth this winter? Willing to trade a box of matches for $300

Btc go mun

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Happy New Year ! Anyone interested in bitcoin investment and NFT ?

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Diamond hands, peeps.

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