Of course you are paying interest. It's a loan, duh.
Forget KYC for a moment, pretend this is a p2p no kyc service.
Now, what is your issue?
If I come to you because I need to pay taxes, new roof, or buy a house, but all I have is Bitcoin, that doesn't do me a whole helluva lot of good.
I can A)sell it, or b) borrow against it.
I fail to see why this is an issue.
Liberty Farmer
npub1uw…yfqu7
2025-05-10 13:16:00
in reply to nevent1q…6jxa
Author Public Key
npub1uwh0m2y8y5489nhr27xn8vkumy8flefm30kkx3l0tcn0wss34kaszyfqu7Seen on
wss://relay.nostr.bandPublished at
2025-05-10 13:16:00Event JSON
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"pubkey": "e3aefda887252a72cee3578d33b2dcd90e9fe53b8bed6347ef5e26f74211adbb",
"created_at": 1746882960,
"kind": 1,
"tags": [
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"content": "Of course you are paying interest. It's a loan, duh.\n\nForget KYC for a moment, pretend this is a p2p no kyc service.\n\nNow, what is your issue?\n\nIf I come to you because I need to pay taxes, new roof, or buy a house, but all I have is Bitcoin, that doesn't do me a whole helluva lot of good. \n\nI can A)sell it, or b) borrow against it.\n\nI fail to see why this is an issue.",
"sig": "35067ded54e41a82605137fc614f38e1fd6fd1c7cf0fda104b8d6c767fc629782fe032fa371a96dfef4a03ee80ee3454d376fd69ff03f8d185cd4adc7b1604ad"
}