If the rates can be more competitive than uncollateralized personal loans and the minimums lowered to 10-15k for individuals- this is gonna be a banger of a product.
Saw some questions about pricing, partners, and future plans for our new #Bitcoin-backed lending product at Strike.
Recorded a quick video to break it all down, including how we plan to drive rates lower, enable proof-of-reserves, and more. Only the beginning for this industry
https://blossom.primal.net/b37d629ec0f71237df4ce8f397879709fabc360caff7809b02850c0adb3f23ca.mp4
Discussion
single digit rates and lower/no minimums incoming
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