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Block FI
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Best Resources on Blockchain

Hey guys, 

Can you share the best resources you know on blockchain, cryptocurrencies, or anything related to the field. It doesn't matter if it costs money or not. Also, what are the best people you follow on Twitter for the space? 
I just need as many resources as possible to do research for a project I am working on. 

Thanks in advance!

 

ABRA Interest Accounts vs BlockFi

Does anyone have thoughts on how ABRA Interest Accounts compare to BlockFi?

BlockFi gains drop significantly as you invest more than 1 bitcoin

THIS POST CONTAINED SEVERAL ERRORS. I WAS GOING TO DELETE IT BUT IN THE SPIRIT OF TRANSPARENCY I KEEP IT POINTING OUT THE ERRORS.

I recently discovered BlockFi, and was very interested at the gains that it was offering.

But interestingly I discovered that the percentage of gain did not double when I doubled the amount of Bitcoin I would have invested. This led me to a short investigation, which led me to this table. On the row is the number of years you would hold an investment with them, on the columns your starting number of bitcoin.

Generally the numbers are internally consistent. Meaning if you put x btc, and keep them for 1 year. And then get the gains and add them to your investment the result is the same as holding it for 2 years.

But also notice how gain drop as you put more money. 1 bitcoin will give you 0.06 btc in 1 year. 10 bitcoin will give you 0.38 Btc in the same amount of time instead of 0.6. And 100 will give you 3.08 instead of 6.

(IN THE COMMENTS @Johan Lindstrom EXPLAINS HOW THE RATE IS 6% FOR 2.5 BTC OR LESS AND 3 % AFTER)

The I wanted to find out what gain I would get by holding the money on blockfi for several years. Expressed in percentage, and got this table (PLEASE IGNORE, THE ACTUAL TABLE IS AFTER):

Notice how for 1 Bitcoin the gain is fixed at 6%, very... (More)

John Doe
Legendary Punk-Rock Musician

It's easy, bitcoin grows 100% per year on average so after subtracting 10% APY on the loan you're still growing 90% in compare to selling BTC.

Not everybody can get uncollateralized loan or not as much money as they can get on USD.

So if you have a lot of BTC and no USD and you want to buy Lambo and you don't want to pay any taxes and you want to be invested into BTC. You get a loan. Might be even better if you can subtract the loan interest from income tax.