strike offers a zero monthly payment option… the interest and the principal are paid at the end of the term… so interest is higher but if the bitcoin price goes up in that time… the borrow can roll it over paying the interest and principal of the old loan with the new one… then repeat if they’re lucky or just get rekt and loose their bitcoin if they’re are unlucky.

been using loans for a couple years. never paid the monthly interest. get rate at 5-7%. bitcoin's risen 20%. arbitraging 13-15%. have closed out loans with a fraction of coin. other times, just rolled with smaller amount. you don't have to use it. question though: if someone uses their bitcoin to close their loan, is that still considered spending or not?