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@ Dikaios1517
2025-06-03 19:18:37
Yeah... count me out. When I need to spend, I'll take the cap gains hit.
If you have a profitable job, then live within your means and save in Bitcoin.
If you are retired or between employment, this is what you saved for. Spend wisely and not frivolously.
If you are wanting to start a business and leverage your stack to do it, then maybe I can see this being an option for you, but I know there will be plenty of people who think they are making a sure bet, only to end up with Mallers owning their Bitcoin in the end.
I also can't understand the mindset of the person who is lending their fiat into such a scheme. Real inflation is upwards of 8%, and "risk free" rates can't come anywhere close to that on a 1 year horizon (remember that these loans are only 1 year terms), but these lenders are willing to put up capital at a return that maybe keeps pace with inflation, depending on what margin Strike is getting, when they could put the same money into Bitcoin, with a 5 year CAGR currently sitting at 60%.
The only explanation is that they think lending the fiat with fiat interest income will outperform Bitcoin over a 1 year time horizon, or else they would simply buy Bitcoin with that fiat they are lending.