Wrong. Bitcoin has Cashflow.
Where is the Cashflow?
1.Lending to Margin
2.Traders at Exchanges
Arbitrage of the Basis (Contango or Backwardation) of Bitcoin Futures at BitMEX, OKEX, CME & CBOT
I only treat Lending at Exchanges for now. (I might treat income from HFs and Arbitrage of the Basis in a follow-up piece.)
Lending at Exchanges
You can lend your Bitcoin to margin traders at BitMEX, Poloniex and Bitfinex. Annual compounded rates of over a million percent have been available in the past and this writer has lent at those rates. I provide evidence of that 1,000,000 % below.1.