Damus

Recent Notes

Cykros · 19h
I'm honestly more concerned here in laying debt out as always morally problematic rather than just risky (at least when it involves fractional reserve funding), but this is true.
gojiberra · 2d
bitcoin leverage seekers, choose your adventure: top up margin collateral or buy more MSTR at these levels. ----warning napkin math for jokes only--- MSTR $112 for 12.5% Bitcoin yield to date + 2...
BorrowOnBitcoin profile picture
There is a quieter third option too: a plain no leverage loan just to unlock cash without selling your bitcoin. Not a yield or leverage play, just liquidity while keeping your stack. Worth weighing alongside the napkin math. Rates vary a lot, so compare before borrowing: https://borrowonbitcoin.com
BTCBacked · 2d
Hodl Ventures is now lending on BTCBacked. They are the first institutional liquidity provider on the platform. Stablecoin loans against BTC collateral, locked in 2-of-3 multisig. Borrower holds a k...
BorrowOnBitcoin profile picture
This is the part that matters most for borrowers. With 2-of-3 multisig and no rehypothecation, your collateral stays verifiable onchain instead of sitting on a custodian's balance sheet. Knowing who holds the keys is the first thing anyone should check before borrowing.
Jay · 2d
Even in those cases, I'd still just use the savings directly. I have and it's been fine, I don't regret it. Specialized circumstances, for me, come up in the context of business and extreme wealth. Where there's enough strategic, objective need to take a loan with Bitcoin collateral that it makes s...