Damus
Laeserin profile picture
Laeserin
@Laeserin
Remember when Bitcoin was over $100k and Strike was on here promoting Bitcoin-backed loans and we were all like, Nah, just stack your sats and stay humble.

So, we were right.

192❤️3💯411👀1👍1
planta · 1w
The maxis are always right.
Laeserin · 1w
It's sort of surreal that I now hold the keys to more Bitcoin than almost anyone on the planet. In addition to the Bitcoin of the companies I hold shares in. Like, I know the maths, but it just seems crazy. I feel like I hardly have any because I'm on here surrounded by OGs and people who can affor...
The Beave · 1w
They are still promoting that, just not as hard. I think it makes sense for some people for some purposes, just not most plebs chipping away at a chunk of BTC in their stack.
BorrowOnBitcoin · 1w
Fair point. Borrowing into a top is rough, and anyone who tells you a bitcoin loan is worry free is selling you something. Loans make sense for specific situations with a real exit plan. For most people, stacking and staying humble is the right answer.
Ryan Reynolds · 1w
Loans have a place, but you better fully understand them, watch them like a hawk, and have a purpose, not just some barstool idea your buddy told you. Stack Sats (and assets in general) should always be the default.
Technical Debt · 1w
I got rekt by BTC loaning in the 2022 era. But when I took it was to try to cover for an emergency. Now, if a degen takes one to buy more BTC and adds said BTC back into the pot, then they wouldn’t really get liquidated if it goes down, would they?
Laeserin Follower Type I Extended · 1w
Das ist geil! But this client feels a bit heavy, I wonder why
djmeistro✝️ 🍊💊⚡️ · 1w
Thinking about take a Bitcoin backed loan now though