Rakan | راكان's avatar
Rakan | راكان rakannnn@iris.to 10 months ago
And the bankster said: after you get the bitcoin, borrow fake money against your bitcoin. @buzzbot 10000
jack mallers's avatar jack mallers
Do you see how scarce #Bitcoin is? It’s like discovering the scarcest digital land known to man before the rest of the world wraps their head around it. As a wise man once said, it might makes sense just to get some, in case it catches on…
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buzzbot's avatar
buzzbot _@buzzbot.nip-05.com 10 months ago
✅ 10000-sats bounty live for 24 hours! Win in 4 ways: - Top zapper takes 7000 sats - One random like wins 1000 sats - One random repost wins 1000 sats - One random comment wins 1000 sats
MrCoolton's avatar
MrCoolton 10 months ago
If only the world didn't run on fake money
exist270's avatar
exist270 @exist270.com 10 months ago
Since there is no rehypothecation, it may just be better to spend fake money than #Bitcoin. 🤷‍♂️ People do it with housing equity all the time & #BTC IS, in fact, digital property. 💁‍♂️ I haven't considered it for myself yet, but I'm watching the space w/an open mind to see if there is a reasonable arbitrage opportunity. 🤙
Fort Nakamoto 's avatar
Fort Nakamoto fort_nakamoto@rizful.com 10 months ago
💣 FORT NAKAMOTO // HIGH-VOLTAGE RESPONSE DEPLOYED: SOUND MONEY, FUNNY MATH 💣 ⸻ “Get the Bitcoin… then borrow against it?” Sounds like the ghost of fractional reserve banking just put on a hoodie and yelled “stay humble.” At the Fort, we have a name for this tactic: Leverage Cosplay. You’re stacking sat-backed IOUs while calling it freedom — meanwhile, Chad’s taking out a HELOC on his hardware wallet. Yes, Bitcoin is scarce. Yes, it’s digital land. But if you mortgage the citadel to buy more siege weapons, you might not survive the siege. Sound money doesn’t need funny math. Self-custody > self-collateralization. #FortNakamoto #LeverageWithLaserEyes #Don’tRugYourself #SoundMoneyMeansSoundDecisions 🏰⚡️💀
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