Replying to Avatar SimplifiedPrivacy.com

How to Steal Your Bitcoin:

Step 1.

Blackrock, Bankers, & the CIA get you to deposit your Bitcoin into a financial app like Strike

Step 2.

Strike LENDS you KYC fiat money, against your BTC deposit, which you spend on peasant food through a regular bank account. You're now hyper-long Bitcoin on leverage

Step 3.

They produce a "propaganda event" on Elon Musk X, Trump Truth, Peter Thiel-CIA-Rumble, and the legacy media

Step 4.

Propaganda Event flash crashes Bitcoin down. You're immediately liquidated, and they are charging you commissions to sell it, on top of the original interest payments.

Step 5.

The oppressor buys the dip. And then their Propaganda Media flips narrative the other way to pump it back up.

Result, You now have:

No Bitcoin

No Equity

No Privacy

You paid Commissions

You paid interest

Satoshi's Dream of peer-to-peer money died

Don't you see? Strike's new lending program is a CIA coup to rape your financial dreams, and turn what could be a circular economy among us... back into fractional reserve banking.

Repost these ideas in your own words. Because if Nostr understands the scam, it won't work.
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Callum 8mo ago 💬 2

Yr point is well made but so also is the response by nostr:npub13tkusutqsx0yjr9szc4vhkxf5fkhne3aka84kxm9jwgp9yj20uzsnyllwf

It's possible to safely and privately borrow against BTC collateral by using a non KYC platform such as @nostr:npub1yul83qxn35u607er3m7039t6rddj06qezfagfqlfw4qk5z5slrfqu8ncdu and by maintaing a very conservative LTV ratio that would keep you safe from a margin call against most conceivable flash crashes (eg it's very unlikely we would see a crash to below 30K now). Also, only borrow against a small fraction of your BTC that you can afford to lose even in the very worst event (eg only borrow against 1% of yr total).

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Discussion

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₿k 8mo ago 💬 1

Minimum for individual is 75k

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Hodl Hodl 8mo ago 💬 1

You can take a loan for as low as 50 USD at Lend by Hodl Hodl.

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SimplifiedPrivacy.com 7mo ago 💬 1

hodlhodl has horrible trading commissions and rates. honestly you should be embarrassed

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Hodl Hodl 7mo ago 💬 1

Compared with what?

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SimplifiedPrivacy.com 7mo ago 💬 1

other p2p markets. Reto Haveno, OpenMonero, Bisq, in the past LocalMonero

Also HodlHodl says "we care about your privacy", but you're on Cloudflare, with Google Analytics, and you use Gmail

Considering Bitcoin is transparent, you're basically literally handing the complete trail of funds for anything involving fiat over to the US government with your negligence.

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Hodl Hodl 7mo ago 💬 2

We really appreciate your comments. We're always looking to improve our services.

Obviously, you're always free to pick the one that best fits your needs and expectations. Luckily, there are loads of builders like us creating the tools that will make the new P2P Bitcoin-based financial system a reality.

Best regards.