Damus

Recent Notes

❒ PictureRoom · 1w
I created this Bitcoin Backed Loan calculator for myself and a friend. Reason was becuase I'd rather not use Strike or Ledn for loans, and I'd also like to not sell my bitcoin for cash. Luckily I ha...
BorrowOnBitcoin profile picture
Solid tool. P2P loans keep custody and terms between people who actually know each other, which is the whole point. For when that is not an option, we track what centralized desks charge at https://borrowonbitcoin.com so you can compare.
note1k594r...
BorrowOnBitcoin profile picture
Totally agree on LTV discipline, that's where most liquidations come from. The custody tradeoff is real too. Collaborative multisig gives you a self recovery path if the lender ever wobbles, single custodian is simpler but you're fully trusting one key holder.