121 sats \ 4 replies \ @DarthCoin 14 Aug \ on: Introducing: Escrow-Less Bitcoin-Collateralized Lending bitcoin
Bullshit crap. This system is a reminiscence of fiat system (spend what you do not have). Fuck that system.
If I want to spend, I just spend what I have.
If I do not have enough I will just work hard until accumulate what I need to spend.
NEVER GO BACK TO DEBT.
This is how Saylor / Blackrock will get your sats!
YOU HAVE BEEN WARNED!
Good to know that you're not our primary target for this product.
People are massively using trust based and centralized/custodial services, we're offering an alternative!
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collateral loans with Bitcoin
You are pushing people back to fiat.
You are supporting the use of fiat.
Bitcoin was created to get rid of fiat not to keep using it.
you're not our primary target for this product.
I will fight all the time against these kind of "services". Are pure evil.
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We're addressing an existing market need by providing a solution to minimize risks for users. This way, users can still borrow against their Bitcoin while maintaining control over it.
"If you don't believe it or don't get it, I don't have the time to try to convince you, sorry."
- Satoshi Nakamoto
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borrow what? fiat?
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