Because Jack is a fiat shill in disguise. You know what you get when taking out a loan against BTC.
Fiat. So you become a hypocrite the moment you use Jack's shitty third party fiat service that tricks you into using "BTC".
Poor Bitcoin maxjs these days. They stopped P2P adoption 10 years ago STRIKing a deal with the Wallstreet devil to pump their fiat bags.
I’ve found value in Jack’s insights, but have always wondered why strike is custodial & KYC if he’s a true bitcoiner. Self custody is the key to financial sovereignty. He’s not the only person doing bitcoin loans, just supplying what the market is demanding.
My question is - Why is the market demanding it in the first place?
I couldn’t agree more that it’s a weird contradiction that Bitcoiners are using the debt based fiat system at all. It’s definitely not my approach.
Also just to clarify nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mqwy8rlk was giving reasons why it would make sense for an OG to sell on Mailbag Monday this week, not shilling his lending product (in the context I’m referring to).
