Global Feed Post Login
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

nostr:nevent1qqsgl3aekvd93wzjsqqws7afv6en0xwp2z8c0ksc07r7jzyvdlgy86gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqtdjnw

Avatar
Alvaro 2mo ago

I know it would be more convenient. But whats the selling point for using strike for my daily fiat payments instead of my regular bank account?

Maybe I misunderstood but I guess the line of credit comes with fees / interest

Reply to this note

Please Login to reply.

Discussion

No replies yet.