If you put BTC as collateral to get also BTC, then why don't you just save slowly by yourself until you get the amount you need and done. No need for anything else.
Lending/borrowing is a fiat mentality.
Saving is a bitcoin mentality.
You do not have enough sats to buy X product? Fine, work hard until you get it.
You cannot spend what YOU DO NOT HAVE.
> If you put BTC as collateral to get also BTC, then why don't you just save slowly by yourself until you get the amount you need and done. No need for anything else.
True. Saving is better than borrowing. And therefore software for saving bitcoin is better than software for borrowing bitcoin. But there's lots of software for saving bitcoin; there's hardly any software for borrowing bitcoin, except altcoin software. So there's a gap and I want to fill it.
I would like you to watch this short scene from a movie and pay attention to what they are talking about, money and lending. Subtitles in English.
Then tell me if we con do such thing with bitcoin.
https://video.nostr.build/90a7faf3075aaac57ba509efeafb584d60595d28640e058c549e0b1d7c767a88.mp4
I've explained my position in more details here:
