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Replying to Avatar ODELL

loans on bitcoin inherently have risk but they can also be incredibly useful

for those that want one, i am confident strike will provide the best and most responsible experience

- secure custody

- dollars instantly in your bank account

- easy and clear ux

- competitive rates

their in-app flow is very clear about risk and liquidation levels, with a high reserve requirement, to reduce loan loss

skepticism is healthy but their product is new and will become better quickly, feedback is helpful

soon:

- roll overs

- lower rates

- proof of reserves

disclosure: ten31 is strike's lead investor and jack is a brother

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Hanshan 7mo ago

ok ok

I was lying about Bitcoin adoption creating deflationary conditions that disincentivizing spending.

all you need is fiat L2s so people can *keep their Bitcoin

AND still spend!

*poof*

no more deflation!

nostr:nevent1qqsq9523uftwwmm6nssjqe8eu7j2d29hm8ppn0s9q84h0yhalam0dcgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveypsgqqqqqqsdmnvhn

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