Scott Debevic
2 min readApr 9, 2022

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If I sell a house for more money that I bought it for, where does the money come from? A house provides a utility- a place to live. Drip also provides a utility- a way to earn more Drip. If people perceive more value in living by the ocean or having a big yard they are willing to pay more. If people perceive Drip's value will increase they continue buying it. If a hurricane comes and wipes out a community, the value of the homes go down. If Drip's utility is no longer perceived, it's price will go down. It's a smart investment if you think the community will grow and the Drip price will remain stable or go up.

Elephant.money is a different project than Drip. I wouldn't encourage anyone to go on margin or leverage to invest in Drip because the price is extremely volatile. I feel comfortable taking conservative loans against my BTC and ETH for Elephant.money because I think I will earn a much larger yield on the Trunk stablecoin than my interest payments.

Elephant.money isn't a rebase project and I'd encourage you to learn a bit more about it before making your judgement. Its mechanics are different from every other project in DeFi. I could make arguments on why it's better than BTC and ETH- high passive income, no whales dumping or manipulating prices, no leveraged trading products, less competition, and fairer distribution among other things. But since Stampede bonds are only a few months old, it has a disadvantage of not being as proven as BTC or ETH.

Thank you for commenting. I've enjoyed our discourse.

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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