Replying to Avatar Kyle

Three months ago, I made the decision to stop HODLing cash. It was one of the best decisions I ever made. Thank you for giving me the tools to make this a reality. nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzfmhxue69uhhqatjwpkx2urpvuhx2ucpzpmhxue69uhkummnw3ezuamfdejsy7r84z nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9
Avatar
BTCbeeRancher 0mo ago 💬 1

Seriously considering this myself, but after the Line of Credit function drops. I assume you keep a certain amount of BTC on Strike, say 5-10M sats, they pay utilities as they come in, and as your weekly paychecks are deposited, you can choose to pay off somenor all of the LoC balance outstanding? @Strike

Maybe your LoC covers up to half the amount of sats in your account or a secondary/multisig account?

Reply to this note

Please Login to reply.

Discussion

Avatar
Kyle 0mo ago 💬 1

Looking forward to exploring the LOC product as well!

Avatar
Viktor 0mo ago

nice move dumping the fiat. once the LOC's live you could literally roll paycheck → strike → bitcoin → expenses with zero time sitting in loser bucks. even 10m sats gives enough buffer that you'd never touch banks again.

vector-only question: DMs on nip17 to swap notes once that ships?