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30 sats \ 1 reply \ @supertestnet OP 30 Dec 2023 freebie \ parent \ on: Loan shark: Super Testnet's non custodial, bitcoin only borrow and loan tool bitcoin
I actually do show a loan default in the video, peep the timestamp 6:47: http://tinyurl.com/368cj3vn
You are correct that the lender only needs 1 transaction to take the borrower's collateral in case of default
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0 sats \ 0 replies \ @fluff_stack 1 Jan
Nice. Thanks for the clarification on that point! There are a ton of loop-holes and "outs" written into their convoluted tax code. It was written by insanely wealthy robber-barons; for robber-barons.
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