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Replying to Avatar jack mallers

I like owning as much bitcoin as possible and no fiat as well… so check this out:

We are working on a line of credit product that will, in real time, extend a credit line against your BTC to make Lightning payments, pay bills, etc. This way, you don’t have to part with your bitcoin OR own fiat to live in today’s society. Hoard bitcoins, borrow fiat paper for payments.

You can manage the line of credit and pay it down via your direct deposit or any other funding method. It works just like a credit card today, except it’s secured with BTC, so the terms and everything else about it is way better.

This will allow living on bitcoin and speculative attacking fiat at a massive scale for all. A true suite of bitcoin banking services that feel natural and easy.

I cannot wait to launch everything we are building

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pfunzle 2mo ago 💬 2

Maybe this is a stupid question, can the BTC stay in my hardware wallet while having this credit line open?

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The BTC economy 2mo ago

Impossible. This way they don't hold the collateral thus you can just leave with the money.

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Kevin Ravens₿erg ⚡️ ☁️ 2mo ago

Nope

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