People who are chilling you #Bitcoin backed loan don't have your best interest in mind. They are selling you a product they get paid for but don't understand themselves.
When these lenders fail or liquidate you they will act like they weren't chilling them to you.
There is no way to know if these lenders are solvent or no, since they have no real On-chain proof of reserve of your #bitcoin.
From a place of love! 🙏
Piecover
npub144…a09ae
2025-03-13 16:39:03
Author Public Key
npub1442cldwt7575fuqtrae7hwtkeelyedp9k6eh8xjqj6728sln2k5q0a09aePublished at
2025-03-13 16:39:03Event JSON
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"content": "People who are chilling you #Bitcoin backed loan don't have your best interest in mind. They are selling you a product they get paid for but don't understand themselves.\nWhen these lenders fail or liquidate you they will act like they weren't chilling them to you. \nThere is no way to know if these lenders are solvent or no, since they have no real On-chain proof of reserve of your #bitcoin. \n\nFrom a place of love! 🙏",
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