103 sats \ 1 reply \ @jeff 4 Jan 2023 \ on: Faucet21 - Get an unsecured personal loan that automatically converts into BTC bitcoin
© Forward Contracts, Inc.
Sounds like a serious name, for a company who has thought this through, imho.
Same company is building this: https://runcaliber.com/
...which claims this as an incoming pricing model.
Fixed lifetime or yearly membership cost, then 0 fee, 0.1% spreads, undercutting Strike's "0 fee", 0.3% spread, and massively undercutting every bitcoin-only exchange that allows moderate or large volume, or Coinbase's "0 fee" 2% spread.
...then there is this from the main site:
inherently short bitcoin on those future receivables.
This is what every insurance company hasn't realized yet. But the operator of this site has clearly reflected on this problem space.
write
preview
40 sats \ 0 replies \ @Risky 4 Jan 2023
the resource list on https://runcaliber.com/ is quite good as well. Here it is.
https://theofficialbitcoinwebsite.org/
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