genuine question: do people actually believe this?
to state the obvious, my business incentive is to keep the loan open for as long as possible. i get paid servicing my customer.
“taking their bit...
No, we don’t believe Strike is trying to steal its customers bitcoin. That would be an absurd business model.
Strike offers loans. Jack has been upfront with the risks and have communicated many time that it is best to only use a small portion of an individual’s stack. Strike has even lowered its collateral requirements in the recent pullback.
Let’s put the negativity against loans aside. Strike is doing great things for Bitcoin. They have a suite of products that customers have the option to use. Options are good!
Strike offers loans. Jack has been upfront with the risks and have communicated many time that it is best to only use a small portion of an individual’s stack. Strike has even lowered its collateral requirements in the recent pullback.
Let’s put the negativity against loans aside. Strike is doing great things for Bitcoin. They have a suite of products that customers have the option to use. Options are good!