Nostr Web Client

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyf8wumn8ghj7ur4wfcxcetsv9njuetn58f5nv serious question here about your lending programs. Literally couldn’t fall asleep without posting.

Why would anybody with excess USD laying around lend it out, even on a fully collateralized loan, for say 10% when they could just buy #bitcoin themselves and get far superior returns AND own the best asset?

Sincerely curious.

#thoughstr #proofofwork #nostr

dustygrooves 7mo ago 💬 2

I think you have it backwards. You collateralize your btc and get dollars in return. You can then use those dollars to buy more BTC, or fund your lifestyle then refinance at end of term.

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Discussion

dustygrooves 7mo ago

… having said that, obviously use a small % of your total stack. Otherwise you’ll get rekt. Not financial advice :)

BlueDuckBTC 7mo ago 💬 1

You guys are missing the point.

dustygrooves 7mo ago 💬 1

I don’t think so. You are taking btc as collateral, not dollars.

dustygrooves 7mo ago

Using*