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Show me a bitcoin loan that is for a minimum of a 5 year term, with a low interest rate and a1:1 loan to value ratio based on market price at the time the loan is taken out, with the sats locked up in a 2 of 3 multisig wallet, and MAYBE I’ll consider giving your company the privilege of doing business with me and my sats.

pj 7mo ago 💬 2

We’ve got a ways to go for that. Banks still don’t understand the value of bitcoin.

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Discussion

corndalorian 7mo ago 💬 1

Jack Mallers does though. The loan Strike is offering is shameful.

pj 7mo ago 💬 1

That’s because the bank he’s using fund the loan can’t stomach anything below 10%.

corndalorian 7mo ago 💬 1

Too many morons gonna get rekt using it as it lol

pj 7mo ago

Totally agree. I think it’s one reason Unchained removed the personal loans and only kept it for business customers.

paz 7mo ago 💬 1

So then there's a massive business opportunity for you to build a better product?

Eagerly awaiting your new business announcement.

corndalorian 7mo ago

Coldcard already exists.