worth checking out @nvk’s opinionated guide to sauna:

pragmatic

can’t keep a good idea down! ⚡️

precisely 🤙

they don’t give you the loan. they coordinate a loan with a 3rd party lender and use their DLC to ensure no rug pulls from anyone. all programmatic

idk. never met that dude

exactly. the whole purpose of the software is to be self-custody without rug-pull risk

I'm with ya on ending fiat, but most people have needs today and most counterparties won't accept bitcoin today. I'd like the savvy ones to be able to hold on to their bitcoin longer.

it's the opposite. hold on to your sats, use as collateral to borrow dollars for your spending needs

oic. I assumed it would have a composer/creation process at some point since it uses a bunch of open source software that has these features, but I think you're right... for now prob have to compose elsewhere like habla.news or highlighter.com?

it's the new-kid-on-the-block, but it's very well executed. beautiful designs/themes

cc @brugeman

lump sum if you understand bitcoin and plan to hold it indefinitely dca if you're skittish and worry about the USD exchange rate volatility

Search Engine Results Pages

yeah, I don't have strong conviction that SN should/shouldn't pursue enabling/empowering a Ditto community. seems interesting and somewhat relevant to SN's mission/goals and at early glance Ditto appears very well considered to me.

I think SN provides the best signal of information around bitcoin links/discussion on the Internet today. SN is substantially better than nostr at helping find/browse this kind of information, imo. But it seems to me like more touchpoint with nostr may help more people who are interested/curious about bitcoin-centric links/discussion to learn about how great SN is.

I'm generally a fan of more connectivity between SN/nostr even though I don't see one as replacing the other.

the best negotiations have both parties walking away feeling they gave away a bit too much

a BTC-BTC loan as you described would appear to me to have some risk of being considered as a transaction purely for tax avoidance and may be disregarded

i’m not giving tax advice, just sharing my perspective/guess

check out https://lava.xyz

trust-minimized borrowing and lending of bitcoin. they’ve done a lot of difficult technical work to make this possible.

it’s geared toward borrowing USD stablecoins collateralized by bitcoin, but the tech could probably be repurposed if it helped another use-case