Richard Byworth, formerly of Syz Capital, explains how to generate yield on Bitcoin without risking your holdings. He details why covered-call strategies can cost you a significant portion of Bitcoin during a rally, and why basis trades collateralized by Bitcoin offer low-volatility, market-neutral returns. Record seller exhaustion suggests Bitcoin’s bottom may be in. Byworth also discusses Bitcoin bonds for nations, the partnership with JAN3, and El Salvador’s bitcoinized bond.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
