When Bitcoiners build lending platforms, they don’t copy TradFi, they rethink it.

They design for censorship resistance, self-custody, and edge-case resilience.

That’s why platforms like Lendasat include tools such as the Doomsday Tool, built specifically for extreme, worst-case scenarios.

As Philipp explains, Lendasat’s Doomsday Software is designed for the moment the platform itself disappears, whether due to regulatory shutdown, a black swan event, or the team simply being gone.

If that happens, borrowers still have a path to recover their funds.

Using their seed phrase, contract backup data, and a uniquely generated NSEC, users can verify their setup end-to-end and communicate securely outside the platform with the lender.

No trust assumptions.

No platform dependency.

Just a clear recovery path when everything else breaks.

Because Bitcoin isn’t about convenience at all costs.

It’s about control when it matters most.

#Bitcoin #Nostr #CensorshipResistance #SelfSovereign #SelfCustody

https://video.nostr.build/3ace4ffbb2554e3ee8d712475e79726fb68af82ac7562497a607f60f1afd5f94.mp4