Replying to Avatar jack mallers

strike is already issuing millions of dollars worth of bitcoin backed loans a day. haven’t even officially launched the product

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foolsbookie 8mo ago 💬 1

This - advance loans without a product - never ends well. dint we learn anything from Celsius and BlockFi in the last cycle?

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fun.relaxed.happy.satisfied 8mo ago

He's talking about the beta phase of the Bitcoin backed loans to customers.

Users get USD, and put up BTC as security.

Is that similar to Celsius and blockfi, I didn't follow that timeline?