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.

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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).