APY wallets like Celsius make owning rental property useless.

Scenario 1: Invest 70k into a down payment in a rental property. Get tenants, insurance, set aside money for repairs, blah blah. Maybe clear $100 a month after expenses. Property gains value over time. Pay property taxes each year. Rent controls on how much I can increase rent over time. Have a mortgage attached, pay interest rates.

Scenario 2: Buy 2 Bitcoin at current spot price. Hold them in Celsius. Get 6.5% APY, about $400 a month currently. No expenses. No tenants. Bitcoin appreciates in value well beyond and faster than the real estate property. No property tax. And the 6.5% in interest scales with the value of the Bitcoin. If Bitcoin 2x in price, now that’s $800 a month. No mortgage associated. Not interest payments. ????????????????

Jesus Christ is Bitcoin and CeFi/DeFi disruptive to traditional wealth building.

I understand there is risk using a custodial wallet. There’s always risk in finance. I think it’s important to embrace CeFi and DeFi as a healthy way to grow this monetary network.