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jack mallers

Announcing Strike Lending

You shouldn’t have to sell the best-performing asset in human history to access cash. Now you don't have to.

Access your bitcoin wealth without selling it. Build a better life on top of bitcoin with Strike.

Borrow fiat. HODL bitcoin.

https://youtu.be/PdttkQAZ2BM

TeslaLiberty 7mo ago 💬 2

Yo Jack,

Are you guys going to try to become a registered bank so you emit new moneraty units on your bitcoin loans. And then you could compete with other banks and have a 6% interest rate instead 12%?

What are your thoughts on this ?

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Discussion

ethfi 7mo ago

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Bitcoin and Space 7mo ago 💬 1

FYI as a user of btc collateralized loans from other companies -- if you are getting 6% on one of these loans, then the bank is rehypothecating it on the back end. No bueno.

TeslaLiberty 7mo ago

You did not understand what I said. Mortgage rate are at 6. Why ?

Are people's home rehypothecated ?