
Is BlockFi the Future of Finance?
"Age of Miracles"
00:00
Hedge Funds Can Generate High Returns
Hedge funds can generate high nearly riskless returns on certain trades if they can get leverage. Banks won't make the loans. Funds are happy to pay blockby rates that make eight point six % a py accounts possible. In this case, that would mean enough people borrow money to buy bit coin and sell the future contract,. That spread between the two compresses to next to nothing.
Transcript
Play full episode