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A comment on Temporary pause of Bitcoin withdrawals on Binance. Parent comment

Re:Temporary pause of Bitcoin withdrawals on Binance by l33t2328 on Monday June 13, 2022 @09:50AM (#31725553)
I’ve only heard of this mythical “risk free 20%” after the crash.

I never heard anyone advertising that rate before.

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Re:Temporary pause of Bitcoin withdrawals on Binance by paulgb on Monday June 13, 2022 @10:00AM (#31725678)
Not quite 20%, but I got slapped around on crypto Twitter by a blue check account for suggesting that supposed 15% returns were not risk-free. https://twitter.com/ErikVoorhees/status/1466802265956577283
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Re:Temporary pause of Bitcoin withdrawals on Binance by belltaco on Monday June 13, 2022 @11:22AM (#31726860)
Only a few months earlier in HN threads I read some comments saying that 10 to 13% interest rates on crypto are a good reason to invest in crypto.
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Re:Temporary pause of Bitcoin withdrawals on Binance by The-Bus on Monday June 13, 2022 @10:39AM (#31726281)
I saw a finance TikTok of someone advertising how they were able to afford a $1M+ home by essentially having crypto interest cover payments. This video was taken down a few weeks ago (lol).
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Re:Temporary pause of Bitcoin withdrawals on Binance by achenet on Monday June 13, 2022 @01:08PM (#31728380)
Were they also offering a simple 3 day training course to teach you how to do it, for only $999?
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Re:Temporary pause of Bitcoin withdrawals on Binance by lxgr on Monday June 13, 2022 @09:52AM (#31725588)
https://medium.com/dare-to-be-better/anchor-protocol-insane-...

And that's only the first Google result that hasn't been unpublished in the meanwhile...

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Re:Temporary pause of Bitcoin withdrawals on Binance by yunohn on Monday June 13, 2022 @03:20PM (#31730354)
You’re kidding right? Anchor was famous for 20% APY - I know people who got very rich off this Ponzi.

Source: https://www.coindesk.com/markets/2022/03/25/anchor-protocol-...

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Re:Temporary pause of Bitcoin withdrawals on Binance by rco8786 on Monday June 13, 2022 @09:51AM (#31725576)
Tons of alt coins offering triple digit APYs over the last few years.
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Re:Temporary pause of Bitcoin withdrawals on Binance by faangiq on Monday June 13, 2022 @10:52AM (#31726431)
Must not know any crypto punters. They were all in on this.
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