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I truly believe if we can build a good enough experience for people to live their life on sats we can start a Boston Tea party type movement in the face of what looks to be the biggest monetary debasement era of fiat ahead of us we're going to be building some tools at Strike around these ideas. curious what the community thinks and what people would need to ditch fiat entirely image View quoted note →
BoomTown's avatar
BoomTown 2 years ago
The next stage for mass bitcoin adoption is underwriting debt with bitcoin AND asset collateral to lower the liquidation risk that comes standard with bitcoin collateralized loans. Buying farm land or another cash generating business with conventional debt augmented by bitcoin collateralized loans will lead bitcoiners to the next level of prosperity.
love the idea. what if you maintain enough usd to pay off the credit card each month, to avoid selling sats when they’re down? think of it as a buffer.