a line of credit against your bitcoin will change everything
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Starting in Canada correct?
But doesn’t that sound like we’re building the same system we’re trying to defeat.
It's sure does if you ask saif.
Spend and replace Jack, don't play de shitcoiner leveraged game. You could do better. There is no.place for fiat games.
I worry that they will engineer your bitcoin becoming theirs. Fuck the parasites and stay humble
Can I pay for a ticket to watch the LeBron beat the Bulls?
I mean a credit card is basically a 30-day zero-interest loan. with paying the bills in bitcoin, I can’t imagine much can top that, unless you roll over the loan infinitely and never actually part with any sats?
you're not getting my wholecoin!
wen EU?
Yes, change in a bad way.
You're not getting my Bitcoin.
Everyone, as @Jeff Booth has said, still wants to live in the old system. The old FIAT system. Fucking grifters.
Debit/Credit hybrid 🤔?
I'd prefer to not play fiat games with credit personally if possible, I'd like to explore any debit features you'll offer but if worse comes to worse I would utilize the credit card as long as it's tied to current balance, and not endless fiat borrowing.
Jack ... my man... View quoted note →
I can’t wait for this and I liked the longer episode
I didn’t realize you were actually listening to me. Can’t wait for this. View quoted note →
May the odds be ever in your favor
yes
low interest no monthly payment just keeping a good LTV? 👀
That is usury not bitcoin adoption.
You are helping more fiat to exist than destroy it.
FIAT DELENDA EST
People never learn. Usury is how we got this mess. You think you're in a revolution? How, exactly? There's no revolution if we continue usury.
Work on bringing the minimum limit in Massachusetts down please. Work on bringing it to 5k please 🙏 😫 😩 😭 😢
You are right, it changes everything Bitcoin stood for.
It will keep the fiat system in place.
depends on how much you take out
Whoop
What software version are you guys at Strike running? Core v29? Knots? Core v30?
Please please please make available in south africa
You can already pay whatever credit card bill you want using Strike billpay. I'm not sure what benefit there'd be by Strike sponsoring the card themselves unless they want to compete with Fold (or, lol, Coinbase).
Wen #Europe?
we just launched lending in Europe!
Thank you for what you do! Been waiting for this! 🫡
the difference is that secured credit is fundamentally stronger than unsecured credit. it’s cheaper, larger, and simpler.
with unsecured credit, you’re borrowing against your reputation. credit checks, personal data collection, spending limits, and high rates.
with secured Bitcoin credit, you’re borrowing against your Bitcoin. no credit checks, no personal data farming, instant liquidity, and significantly lower rates.
deposit $1M in Bitcoin, and you can immediately access $500K in cash or credit. buy a house with a swipe. no questions.
secured Bitcoin credit is what credit should’ve been: fast, fair, and backed by real value. digital property enables it.
Heck, why not?
But wouldnt there be a mismatch of term between bitcoin loan to buy and live in a home?
Yeah, with an entry APR of 13% (didn't you want to bring it down below 10%), but I was referring to the mentioned credit card.
What's the reason the rates are so high compared to the rates set by the central banks? Is it a risk thing?
Like, ECB rate is 2% but the credit rates are at 10-13%? Seeing this across the different products that are on the market so not calling you out or anything, just curious how you end up at this rate 😃
I don't want to be that guy, but any chance the minimums are coming down? 100k Euro is way more than I can justify with my salary, especially because loans seem more attractive when uncertainty is higher.
Increasing the fiat supply is directly destroying it's value. This hurts fiat in the long term.
Wen payday loans and pawn shop?
awesome, like satoshi envisioned it!
a kyced, transparent store of value on the visa and mastercard network!
If you look at your bitcoin in terms of how much fiat, you know nothing about bitcoin nor fiat.
Here from their own words, how fiat money are created - aka with your own signature.
What are doing these crooks is exactly that: they lend you fake money that you created yourself.
Watch and learn "how to be a crook"
What are doing these crooks is exactly that: they lend you fake money that you created yourself.
Watch and learn "how to be a crook"
Preaching to the choir my friend. 🖖