most of us took it for granted Bitcoin would go back above 100k. We put in the proof of work to be able to hold our conviction
Thanks for the info. I've really enjoyed using Strike over the years. I'll look forward to coming back when you have the proof of reserve system in place.
Give a man a fish feed him for a day
Teach a man about Bitcoin...
Saw some questions about pricing, partners, and future plans for our new #Bitcoin-backed lending product at Strike.
Recorded a quick video to break it all down, including how we plan to drive rates lower, enable proof-of-reserves, and more. Only the beginning for this industry
https://blossom.primal.net/b37d629ec0f71237df4ce8f397879709fabc360caff7809b02850c0adb3f23ca.mp4
What happens to pleb funds using Strike bill pay product, or keeping SATs on strike, when/if your partners blow up due to rehypothecation (see pic)? I'm moving to River until Strike has proof of reserves and a strong firewall. I saw enough of this nonsense last cycle with FTX/Blockfi/Celsius/etc.
Don't stop believin
Create 2 accounts and endlessly zap yourself
Bio brain hack
No more SSRI needed
I'm not sure Knots is a great fix/alternative. As recently as 2023 it was unknown if Knots had been compromised during a PGP hack in which Luke lost 200 Bitcoin.
Satoshi is Radiohead
Call the new nostr based implementation Bitcoin (hard)Core
Is primal getting better or am I getting worse?