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Fizzyl
Fizzyl@primal.net
npub1e7xf...gn8r
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fizzyl 3 months ago
If you buy a beer with bitcoin right now you may incur a capital loss on those sats. That means you get a tax write off by buying that beer!
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fizzyl 4 months ago
I think in the future, #Strategy will effectively set the floor rate at which we can borrow against #Bitcoin. Why would the borrow rate ever be lower than the yield on #STRC? If I could borrow dollars against my #BTC at 5% and make 11% on STRC I would borrow as much as I could. If I can put my dollars into STRC at 11%, why would I ever lend them to BTC collateralized borrowers at 5%?