"Learn About Bitcoin-Backed Loans" Day 8: Bitcoin is volatile. That means collateral value swings hard. If you can’t top up quickly, don’t borrow close to your LTV limit.
Satora (ex-Lendasat)
npub1tt77...z8a9
Peer-to-peer BTC-collateralized loans & non-custodial atomic swaps ⚡️
"Learn About Bitcoin-Backed Loans" Day 7: Not all lenders are equal. Some lend out your BTC behind the scenes ==> Not your keys not your coins. Make sure to choose a trusted provider (f.e. us ;D)
"Learn About Bitcoin-Backed Loans" Day 6: With a Bitcoin-backed loan, you keep your BTC exposure.
If BTC pumps, you win.
If BTC crashes, you might lose your stack. We have done the math on it and since Bitcoins inception in 93%+ of the cases it would have been better to take a bitcoin-backed loan rather than selling your Bitcoin
Bitcoin fixes incentives.
Fiat rewards corruption.
Bitcoin is not a get-rich-quick scheme.
It’s a don’t-get-poor-slowly plan.
"Learn About Bitcoin-Backed Loans" Day 5: Don’t borrow against your Bitcoin to buy liabilities.
Borrow to buy assets or increase productive cash flow. Otherwise, you’re gambling.
Bitcoin teaches you more about:
- Money
- Patience
- Volatility
- Human psychology
…than any MBA ever could.
Over $5B in Bitcoin is currently being used as collateral for loans.
This is the future of finance.
And most people are still thinking in fiat.
You can never retire if you keep selling your best-performing asset.
Rich people don’t sell Bitcoin.
They borrow against it.
"Learn About Bitcoin-Backed Loans" Day 4: BTC-backed loans are not income. They’re leverage. If you don’t understand that, don’t take one.
Your bank closes on weekends.
Bitcoin doesn’t.
“Never sell your Bitcoin”
– Satoshi probably
But hey, lending it out for 9% APY while HODLing?
He wouldn’t be mad.
"Learn About Bitcoin-Backed Loans" Day 3: Loan-to-Value (LTV) matters.
50% LTV = safer
85% LTV = one bad candle from liquidation
Always assume BTC can nuke 40% overnight.
The U.S. dollar has lost 98% of its value in 100 years.
Bitcoin has gained over 70,000,000%.
One of them is called "stable."
Let that sink in.
Me: I’m never selling my Bitcoin.
Also me: Uses BTC as collateral to borrow fiat to buy a Lambo.
📈📉📈
Internet money is obvious. Bitcoin finance is obvious. Every 6yo will tell you it is obvious. The dinasor fiat financial system running on paper and human labor can't possibly compete in a open market.
"Learn About Bitcoin-Backed Loans" Day 2: Rich people don’t sell Bitcoin. They borrow against it, avoid taxes, and stay exposed to the upside. That’s how wealth compounds.
Bitcoin doesn’t care about your opinion.
It just keeps producing blocks every 10 minutes.
Relentless. Immutable. Unbothered.
"Learn About Bitcoin-Backed Loans" Day 1: A Bitcoin-backed loan is simple: you post BTC as collateral and get stablecoins or fiat. If bitcoin price falls below a threshold, your BTC is liquidated to pay back the loan. No credit checks, no beurocracy.
If you think Bitcoin is just "magic internet money", you’re already 10 years behind.