You have nice eyes nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

People should sell Peer-to-Peer instead of using collateralized Bitcoin bank loans. Bisq, RetoSwap, etc...

You put your bitcoins as collateral, one day wall street decide to crush the bitcoin price, a margin call happens, and... all your bitcoins are gone. And they are gone to the same hands as always: the bankters. They already did this with gold, and that's why they own 90% of the gold in the world. Ma...

Thanks Jack! This was super valuable context

https://blossom.primal.net/ebe88bfc4dde32292484d9992f623cff0f9328b76b309408729a41987a98a11f.jpg

Keep grinding! 🔥

Is the loan tied up into multi-sig? Do I hold a key?

🧡

Usury

Rlly just need you to relist the Silk Road hoodie temporarily on the strike store because I got paint all over mine and I need one for fancy outings as well 😂

Proof of Confidence an orange stain at your eyes nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qyw8wumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctvl72gw3

What happens to pleb funds using Strike bill pay product, or keeping SATs on strike, when/if your partners blow up due to rehypothecation (see pic)? I'm moving to River until Strike has proof of reserves and a strong firewall. I saw enough of this nonsense last cycle with FTX/Blockfi/Celsius/etc. ...

Great explanation. It’s clear mate, it’s an incredibly service for some and as you get the interest rates down it will become more and more popular. Very kool !

Love it. 🧡

When are we getting the ability to set reoccurring transactions denominated in Sats / BTC? Sats Cost Averaging wen?

https://blossom.primal.net/29443f7685f473ea665aed0532b443a1ff9202786668232208c54e09d33cd76e.png

We need strike and strike loans in NY 😉

If you really want to help the plebs, why 75k loans? Most emergencies are around 5k to 10k. I think you’re trying to capture the most bitcoin, but that’s my opinion. STAY HUMBLE nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

I don't understand how capital allocators fail to understand the following: 1. They lend out $100, for every $200 worth of collateral the borrower pledges. 2. The collateral, although volatile, trades 24/7/365 and has global liquidity. The lender is basically getting as close to a risk-free yield...

Thank you for this follow up with info! Any hint on when this product will be available in the UK and Europe? Thanks!