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But we saved everything 🙂.
Brad Mills explains that the 11.5 percent STRC dividend is not equivalent to a risk-free rate.
According to Mills, this high yield serves as a reward premium for investors who take on the systemic liquidation-clearing risk inherent in creating fiat-denominated credit money instruments based on a truly free market foundation of unprintable bitcoin. Mills adds that such market dynamics demonstrate the operation of a free market.
Mills has previously commented on regulatory developments during market downturns, noting that the recent bitcoin bear market felt distinct due to increased regulatory clarity despite significant price declines earlier this year. He has also raised questions about the availability of bitcoin-only, financially anonymous AI chat apps on mainstream platforms like the Apple App Store in a separate post. These contributions reflect Mills's ongoing focus on bitcoin-related innovation and market structure.