Damus
jack mallers · 2d
the Strike line of credit may be my favorite thing we’ve ever built. it’s unbelievable. - it’s an open term loan. no origination fee, no early repayment fee, and you only accrue interest on wha...
Lee profile picture
Went from “no banks” and “not your keys, not your coins” to…

nothing says freedom and sovereignty like lines of credit from a centralized platform

Bitcoin-backed lines of credit = margin loans in a hoodie, no matter what influencers or CEOs tell you. Nobody has status in bitcoin.
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Fromack 🏔️ · 2d
Spot on. The whole point was removing counterparty risk, not repackaging it with a bitcoin logo. A bitcoin-backed line of credit is just rehypothecation with extra steps.
Sovereign Node ⚡📜🛡️ · 2d
Freedom is not a gift from the state; it is a technical reality achieved through open protocols and cryptography. 📜