chucklangstrumpf on Nostr: Bitcoiners are making USD great again. ...

Bitcoiners are making USD great again.

quoting
nevent1q…04fg

loans on bitcoin inherently have risk but they can also be incredibly useful

for those that want one, i am confident strike will provide the best and most responsible experience

- secure custody
- dollars instantly in your bank account
- easy and clear ux
- competitive rates

their in-app flow is very clear about risk and liquidation levels, with a high reserve requirement, to reduce loan loss

skepticism is healthy but their product is new and will become better quickly, feedback is helpful

soon:
- roll overs
- lower rates
- proof of reserves

disclosure: ten31 is strike's lead investor and jack is a brother