looks like @npub1ex7m...vyt9 is rolling out a loan product. 12% interest. super interesting

Bitcoin decoupling from equities here is incredibly bullish

our family takes the extremely radical approach of "there's no reason to take medicine if you aren't sick"

"don't buy anything you can't afford to pay cash for, but never pay cash" is the bitcoiner version of "buy, borrow, die"

as a bitcoiner and an American, today is a sad but unsurprising day in history

XRP is the bancor @ODELL

2 year term is novel and exciting, but 15%+ interest is still so crazy to me. clearly no one has yet successfully bridged the private credit dollar supply over to bitcoin backed loans. there's a gigantic opportunity for some tradfi credit folks to capture a billion plus market of bitcoin backed loans with pretty much zero credit risk. expect rates to trend towards SOFR plus 400 or less this cycle. and whoever figures this out and gets to market first is going to make an incredible amount of money. Tether / Cantor seem likely leaders, but haven't seen anything since Lutnick's announcement at the conference last year.

Bitcoin (BTC)-Backed Lending Service Introduced by Onramp

The new lending product allows Bitcoin holders to access liquidity without selling their assets.