For every happy bitcoiner there exists at least one person who got rugged by the state out of their fiat savings
Satora (ex-Lendasat)
npub1tt77...z8a9
Peer-to-peer BTC-collateralized loans & non-custodial atomic swaps โก๏ธ
๐
October 13th, rates start at 5% APR ๐
๐น5% for our @paywithmoon prepaid card
๐น5% in USDC on Polygon
๐น10% in USDC/USDT on Ethereum
๐น10% in Euros
๐กA Bitcoin hodler locks their BTC on-chain and agrees to pay you the yield. It's that simple ๐คทโโ๏ธ 

New to Lendasat? Here is a cheap offer to try our platform!
- Borrow $50
- Deposit 58,000 sats (~$70)
- Get cash on a prepaid card or in USDC
- Pay back just $50.08 next week (8% APR)
Use the code OPENbeta to save 30% on fees ๐ฅ
No KYC. No credit check. No lock-in.


With Lendasat beta now OPEN, more offers are proposed by lenders keeping rates low ๐
Only 9% APR to get a NO KYC prepaid card! 

๐จ Lendasat Beta is now OPEN! ๐
Borrow. Lend. Earn.
All powered on self-custodial Bitcoin-backed loans๐ 

Bitcoiners deserve nice things too.
WE OPEN THE FLOODGATES FOR EVERYONE.
1. Join the open beta with 30% off of new loans taken:
๐ Borrow: borrow.lendasat.com/registration?rโฆ
๐ต Lend: lend.lendasat.com/registration?rโฆ
EVEN if you don't want a loan now the 30% will stick to your account so it's smart to register for the Future aswell ;)
LENDASAT LAUNCH IS ONLY 2 HOURS AWAY ๐โก๏ธ๐ซฃ
We're just starting - normies haven't even started to ask me Bitcoin questions so we're far from hitting the top
.
.Launching openbeta tomorrow!๐โก๏ธ
People fear that a war might tank the Bitcoin market but in a war your bank account is the first casualty - They wont give you YOUR money - fiat goes to shit - stocks halt, drop and crumbe - But Bitcoin? Still running 24/7 without asking anyoneโs permission.
๐
October 3rd, rates start at 9% APR ๐
๐น9% for our @paywithmoon prepaid card
๐น9% in USDC on Polygon
๐น10% in USDC/USDT on Ethereum
๐น12% in Euros
๐กA Bitcoin hodler locks their BTC on-chain and agrees to pay you the yield. It's that simple ๐คทโโ๏ธ 

๐
September 10th, rates start at 10% APR ๐
๐น10% in USDC on Ethereum
๐น11% for our @paywithmoon prepaid card
๐น11% in USDC on Polygon
๐น12% in Euros
๐กA Bitcoin hodler locks their BTC on-chain and agrees to pay you the yield. It's that simple ๐คทโโ๏ธ 

Can someone explain this?
What happened in 1971 that caused productivity and compensation to decouple?


Lendasat is not affected by the recent NPM security exploit.
We do not use, either directly or as a sub-dependency, any of the libraries that were targeted.
Stay safe.


๐
September 3rd, rates start at 11% APR ๐
๐น11% for our @paywithmoon prepaid card
๐น11% in USDC on Polygon
๐น12% in USDC on Ethereum
๐น12% in Euros
๐กA Bitcoin hodler locks the
ir BTC on-chain and agrees to pay you the yield. It's that simple ๐คทโโ๏ธ
ir BTC on-chain and agrees to pay you the yield. It's that simple ๐คทโโ๏ธBitcoin is down over 10% from its August peak of $124K.
Now itโs stuck below $112Kโฆ and heading into September, historically its worst month ๐
But this September could break the curse.
Hereโs why:
September has been brutal for Bitcoin:
- 9 of the past 14 years closed red
- Average loss: ~12%
This is why traders brace for impact every year.
But 2025 could be different.
Bitcoin continues to attract investors, since january:
- BTC ETFs have seen ~$9B net inflows
- Companies added over 430k BTC to their treasuries
Thatโs not just inflows. Thatโs a structural shift.
Macro backdrop:
The Fed is expected to cut rates soon.
That may already be priced in, but it signals the start of a dovish cycle.
Easier money = risk-on.
And historically, Bitcoin loves expanding liquidity.
The risks?
- Trading activity is lighter than usual, that can make price swings sharper.
- Macro and geopolitical situation is still fragile.
But whales are accumulating. Institutions are buying dips.
The downside looks more cushioned than in past Septembers.
Bitcoin testes $106K support, but 2025 feels different.
For long-term hodlers, the real question is: why sell BTC if the trend is still up?
If you need cash, a smarter play might be to collateralize your Bitcoin and borrow what you need, without giving up self-custody ๐
September has been brutal for Bitcoin:
- 9 of the past 14 years closed red
- Average loss: ~12%
This is why traders brace for impact every year.
But 2025 could be different.
Bitcoin continues to attract investors, since january:
- BTC ETFs have seen ~$9B net inflows
- Companies added over 430k BTC to their treasuries
Thatโs not just inflows. Thatโs a structural shift.
Macro backdrop:
The Fed is expected to cut rates soon.
That may already be priced in, but it signals the start of a dovish cycle.
Easier money = risk-on.
And historically, Bitcoin loves expanding liquidity.
The risks?
- Trading activity is lighter than usual, that can make price swings sharper.
- Macro and geopolitical situation is still fragile.
But whales are accumulating. Institutions are buying dips.
The downside looks more cushioned than in past Septembers.
Bitcoin testes $106K support, but 2025 feels different.
For long-term hodlers, the real question is: why sell BTC if the trend is still up?
If you need cash, a smarter play might be to collateralize your Bitcoin and borrow what you need, without giving up self-custody ๐BTC > 113k
So it's not bear market yet?


BITCOIN VS ALTS:
Building decentralized finance (DeFi) on Bitcoin is safer and cooler than building on Ethereum.
Here 5 reasons is why ๐งต
1๏ธโฃ BTC collateral sits on one of the deepest and most liquid markets. Global spot and futures trade around the clock.
High volume and tight spreads mean you can size in and out with less slippage. More depth during stress helps reduce cascade liquidations.
2๏ธโฃ Bitcoin keeps the base layer simple and conservative.
Bitcoin ossification is a feature, not a bug.
Frequent hard forks inevitably leave part of the community behind, or create a culture of accepting changes without caution.
As the OP_RETURN limit debate showed, every modification in Bitcoin is carefully studied.
Performance will never be prioritized over decentralization and security.
Your collateral relies on predictable rules, not on fast features or experimental code paths.
Here is a list of Ethereum's hardforks: https://ethereum.org/en/history/
3๏ธโฃ Locking collateral on Bitcoin trims the attack surface.
You can use time locks and multisig instead of stacks of interdependent contracts. Fewer external oracles and governance switches.
Less to break, less to exploit.
4๏ธโฃ Bitcoin is more decentralized and harder to censor.
- Bitcoin has over 100k independent full nodes enforcing the rules.
- Although concentration in the US is concerning, hashrate is now spread across diverse operators, improving compared to the 60% once based in China before 2021.
- No single team can flip a switch to change how your collateral works. It is just UTXOs.
5๏ธโฃ Borrowing against BTC lets you keep upside while unlocking liquidity.
In many places you may defer taxes because you are not selling.
Repay with future income.
If your thesis plays out, you reclaim your BTC and the gains.
Always know your LTV and liquidation rules before you borrow.
๐ END:
We criticize Ethereum, but we are pragmatic. It enabled stablecoin growth and made Lendasat possible.
$USDT and $USDC are useful for self-custodial lending, but Bitcoin network offers stronger assurances and decentralization than other chains.
As stablecoins move to Bitcoin through Taproot Assets, RGB, or Ark, BTC-backed loans can become safer, simpler, and easier to use.
We are not bullish enough!
2๏ธโฃ Bitcoin keeps the base layer simple and conservative.
Bitcoin ossification is a feature, not a bug.
Frequent hard forks inevitably leave part of the community behind, or create a culture of accepting changes without caution.
As the OP_RETURN limit debate showed, every modification in Bitcoin is carefully studied.
Performance will never be prioritized over decentralization and security.
Your collateral relies on predictable rules, not on fast features or experimental code paths.
Here is a list of Ethereum's hardforks: https://ethereum.org/en/history/
3๏ธโฃ Locking collateral on Bitcoin trims the attack surface.
You can use time locks and multisig instead of stacks of interdependent contracts. Fewer external oracles and governance switches.
Less to break, less to exploit.
4๏ธโฃ Bitcoin is more decentralized and harder to censor.
- Bitcoin has over 100k independent full nodes enforcing the rules.
- Although concentration in the US is concerning, hashrate is now spread across diverse operators, improving compared to the 60% once based in China before 2021.
- No single team can flip a switch to change how your collateral works. It is just UTXOs.
5๏ธโฃ Borrowing against BTC lets you keep upside while unlocking liquidity.
In many places you may defer taxes because you are not selling.
Repay with future income.
If your thesis plays out, you reclaim your BTC and the gains.
Always know your LTV and liquidation rules before you borrow.
๐ END:
We criticize Ethereum, but we are pragmatic. It enabled stablecoin growth and made Lendasat possible.
$USDT and $USDC are useful for self-custodial lending, but Bitcoin network offers stronger assurances and decentralization than other chains.
As stablecoins move to Bitcoin through Taproot Assets, RGB, or Ark, BTC-backed loans can become safer, simpler, and easier to use.
We are not bullish enough!Bitcoin's Open Interest Keeps Climbing ๐
The continuous rise in Open Interest (OI) reflects a growing number of derivative contracts, signaling increased market activity.
As OI climbs, it suggests that more traders and investors are entering the Bitcoin market, whether betting long or short, bringing in fresh capital and boosting liquidity.
This trend is positive for the financialization of Bitcoin. It attracts more sophisticated market participants, helps develop the broader market infrastructure, and, given Bitcoinโs relative youth, contributes to price discovery.
A higher OI also points to a more mature and resilient market, one better positioned to support mainstream adoption and integration with traditional finance.
Letโs not forget: Bitcoin is a currency. Like any currency, it must be embraced by the financial world to achieve adoption and move toward full Bitcoinization on a global scale ๐

