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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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Chuck Langstrumpf 7mo ago 💬 4

Bitcoiners are making USD great again.

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2Pac 7mo ago

It’s a terrible fucking product and ppl are gonna get margin called and liquidated and wish they just sold or spent what they needed.

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Chuck Langstrumpf 7mo ago

It is Satoshis true vision. ;)

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2Pac 7mo ago

Bitcoin: A peer to business lending based collateral system

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Chuck Langstrumpf 7mo ago

Custodial and with KYC, like the early cypherpunks envisioned it.

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