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Replying to Avatar Cari₿ou Farm

Our ideal lending lending product for the farm is a fiat line of credit collateralized with bitcoin

It doesn’t currently exist in 🇨🇦 (that we’re aware of) but we’re patient and certain that an entrepreneur will eventually solve the problem for us

Better flexibility than a btc backed term loan because we would only pay interest on funds that are used

Even better if the LOC ties in directly with a Visa card 🤙🏽

#nostr #bitcoin #farmer #finance #lending

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Bitcoin and Clyde 1y ago

Agreed, Line of Credit is king. Funds are available if needed but you’re not paying % on funds just sitting there.

Excited to see what nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle and the nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 team have up their sleeve!

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