Subnostr

Around 1:10 in, he mentions mining businesses. And commodities within. He misses mentioning the block space commodity market. You could pay for future block space.

nostr:nprofile1qqsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavuspzfmhxue69uhhqatjwpkx2urpvuhx2ucpzfmhxue69uhky6t5wd6xzcmt9eshquqpr9mhxue69uhhyetvv9ujumtfde5kymmvwshxjmnxdu4ryj8q nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8sprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqydhwumn8ghj7un9d3shjtnzd96xxmmfdecxzunt9e3k7mgpp4mhxue69uhkummn9ekx7mq9hxafw

I think ecash will ne what is propels this market into reality. nostr:nprofile1qqsdxpfv503a2ga3ajqxw843hws9z7302ghpj4mcmjpa6qagmp9pwrsppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tczr282l

https://fountain.fm/episode/UKaYv90aj7CqfZZzmI1Q

Reply to this note

Please Login to reply.

Discussion

Brock 1y ago

Biggest takeaway for me from this episode … Bitcoin collateralized loans are currently charging a 3% management fee (!!) above the 11% investor returns. Not to mention origination fees. That’s insane.

Gonna be a lot of downward pressure on both yield and fees once the bitcoin collateralized loan product matures. Needs to mature soon, too, so bitcoiners who are not software developers can start utilizing bitcoin to manage real world assets.

Bitcoin collateralized loans are too expensive and way too short duration. Until there is movement in this market, hodling truly is sitting back and waiting to the deploy the potential energy stored in one’s bitcoin stack.

average_bitcoiner 1y ago

The Fold SPAC/IPO will likely change this. And you don't need to be a dev to manage a bitcoin balance sheet. A car is more complicated to manage.

Brock 1y ago

To buy real assets / companies with fiat and bitcoin collateralized debt is expensive. Holding Bitcoin is likely to outperform with less risk.

average_bitcoiner 1y ago

For now. You have to lay track before you run the train.

Brock 1y ago

How many SPACs have been successful. I’ve heard horror stories, haven’t read / heard many success stories.

average_bitcoiner 1y ago

How many were a bitcoin company?

Brock 1y ago

Even more reason to be concerned. The volatility of “bitcoin only” bitcoin companies is difficult to bridge through cycles. MicroStrategy’s core business has nothing to do with bitcoin.

average_bitcoiner 1y ago

Your frame of reference is skewed. Get back when you're using bitcoin as a unit of account.