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Replying to Avatar jack mallers

I like owning as much bitcoin as possible and no fiat as well… so check this out:

We are working on a line of credit product that will, in real time, extend a credit line against your BTC to make Lightning payments, pay bills, etc. This way, you don’t have to part with your bitcoin OR own fiat to live in today’s society. Hoard bitcoins, borrow fiat paper for payments.

You can manage the line of credit and pay it down via your direct deposit or any other funding method. It works just like a credit card today, except it’s secured with BTC, so the terms and everything else about it is way better.

This will allow living on bitcoin and speculative attacking fiat at a massive scale for all. A true suite of bitcoin banking services that feel natural and easy.

I cannot wait to launch everything we are building

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. 2mo ago

By secured do you mean as a personal balance or given over as collateral? Would be more intetested if credit line was a card with a rate based on both my credit score and simply a personal sats balance. It would be nice to have credit score mean something to Strike given it is regulated/kyc.

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