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Mayor of Vancouver, Canada purchases a drink using #Bitcoin Lightning

I find this cancel-culture mob behavior pathetic. My phone’s blowing up with accusations from people who have no idea what they’re talking about.

I’m in Costa Rica before an event, so here are a few quick facts straight from the source, for those interested:

Strike performed flawlessly through all of the recent market volatility. Zero downtime, 24/7 support, and the biggest day in our company’s history across all product lines yesterday. Thank you to every Bitcoiner who supports us.

Strike Lending continues to lead the market. We had zero margin calls today, and have never margin-called a customer, ever. Our loans open at 50% LTV, with customers averaging closer to 40%.

We’re building a reliable, trustworthy credit market on Bitcoin. The existence of bad or irresponsible actors doesn’t make the tool itself bad. Does a man using a hammer to harm others disqualify the one who uses it to build a home? Of course not.

Credit is a tool. Used responsibly, it empowers people. Used recklessly, it destroys them. That’s true of any financial system. Credit on Bitcoin can do so much good for the world, and we’re building it the right way: transparent, regulated, and built for Bitcoiners. In fact, we are actually in the middle of building a loan type where you can pay a premium to remove the possibility of ever getting liquidated. We hope to launch it in Q4! Imagine that, from the very people that are being accused of the opposite.

Anyways, do you really want me deciding what’s “good” or “bad” for everyone else? That’s not Bitcoin. Encouraging mob behavior against those actually building tools for financial freedom is backwards.

I’m used to this kind of noise, but our team has the best product velocity in the industry, they deserve none of it. Tag me and come at me if you want to spout nonsense.

If you don’t want to use our tools, don’t. I’ve never forced anyone to do anything. If you do, please use them responsibly, and if you have questions, reach out. We’ll always answer.

Now, I’m off to the event with the Strike team. Stay humble, stack sats, and build the future however you see fit (that's a lot of the point)