Why Nostr? What is Njump?
2025-05-10 22:14:34
in reply to

jack mallers on Nostr: what? i’m not dishonest, maybe misunderstood? the point isn’t to grow fiat faster ...

what?

i’m not dishonest, maybe misunderstood? the point isn’t to grow fiat faster than Bitcoin, it’s to keep Bitcoin exposure without having to sell it. if someone takes out a Bitcoin-backed loan, they’re betting that Bitcoin’s future appreciation outpaces the cost of borrowing fiat. That’s not for everyone, but for those who believe in Bitcoin’s long-term value, it’s a strategic play, not a cash grab
Author Public Key
npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle