No, what 3alarmer uses is anti-seize grease, (Never-Seez and Permatex are two common brands) which is not plain grease, but is formulated to prevent dissimilar metals from corroding together. Generally anti-seize is required in very hot and demanding service, like steel spark plug threads in an aluminum engine head, but is not essential for the low demands of bicycle fasteners. It certainly is a good and effective product to use but is overkill for most bike applications. It's only real downside is that it's very messy and will stain any clothing it touches so be sure to carefully wipe off any excess if you use it.