Why Nostr? What is Njump?
2025-05-08 00:54:30
in reply to

Callum on Nostr: Yr point is well made but so also is the response by deeznuts It's possible to safely ...

Yr point is well made but so also is the response by

It's possible to safely and privately borrow against BTC collateral by using a non KYC platform such as @ and by maintaing a very conservative LTV ratio that would keep you safe from a margin call against most conceivable flash crashes (eg it's very unlikely we would see a crash to below 30K now). Also, only borrow against a small fraction of your BTC that you can afford to lose even in the very worst event (eg only borrow against 1% of yr total).
Author Public Key
npub1wucnc53kjjlue2s9qdqppan3gczqnququalp8hhd5sxuj9p8aafs9eha2m