Yo! Today we’re announcing one of the most powerful features we’ve ever built at Strike: bitcoin-backed loans.For the first time, eligible customers can borrow against their bitcoin without selling. Get access to cash using your bitcoin as collateral with fast, flexible loans at market-leading terms. Whether you’re buying a home, investing in your business, or funding your next move, bitcoin-backed loans let you tap into your wealth without giving up your stack.Borrow between $75,000 and $2,000,000 for up to 12 months, starting at 12% APR with a 0% origination fee, available now in select U.S. states.Bitcoin-backed loans are officially live for all eligible customers. Get started.
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21 sats \ 2 replies \ @DarthCoin 6 May
NEVER GET RID OF FIAT....
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0 sats \ 1 reply \ @jakoyoh629 OP 6 May
This whole setup always felt shady to me, and I'm definitely not buying into it now. Just hope nobody gets burned jumping into this.
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21 sats \ 0 replies \ @DarthCoin 6 May
It's the old good scam blueprint:
- create a product (strike) that is easily penetrating the market and fool gullible users
- make the users dependable of it
- make bombastic presentations/interviews (eventually cry on the scene for more impact)
- meanwhile work in the background with your fathers W.St buddies to build a fiat scam empire based on Bitcoin promises
- make the deal with stablecoin providers
- launch new scam products linked to the main product, so the users will NEVER ever get rid of fiat, but will be trapped.
In other words Strike was always meant to be the "new Paypal" for fiat, but using Bitcoin rails.
LONG LIVE FIAT!
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0 sats \ 2 replies \ @SimpleStacker 6 May
12% APR. Who is lining up for this s***?
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0 sats \ 0 replies \ @DarthCoin 6 May
fiat maxis
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0 sats \ 0 replies \ @jakoyoh629 OP 6 May
not me
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