Took out a loan on @strike. As someone obsessed with UX, this was insanely clean. Great job nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgjwaehxw309ac82unsd3jhqct89ejhxffyy48 and team!

Reply to this note

Please Login to reply.

Discussion

❤️🫡

Jack. I've used strike and fold. I prefer strike in every way but if I have to spend fiat I prefer stacking sats over airline shit coins... Would strike ever consider a debit or credit card not to compete with AMX but to stack sats?

Wen Europe

Can’t wait until it’s available in my state!

I would like for someone to explain in detail how and why taking a loan on your bitcoin is a wise thing to do. Your rate of return we have to be greater than interest rate on the bitcoin.

Unless I'm mistaken, you may have just answered your own question.

Paying 12% interest is cheaper than 30% capital gains tax. As long as bitcoin’s CAGR is higher than the interest rate and you keep the leverage low it makes sense. Not risk free though.

Now do California please !

Strike's service sucks, more than pretty much any other exchange.

I have two loans. One can be refinanced and the other one doesn’t have the option? Why is that?