This is one of our most underrated features.
Most Bitcoin-backed lenders liquidate your entire position during volatility. We designed Strike to protect as much of our customers' Bitcoin as possible.
Liquidation-proof loans are next. We expect to roll them out in-app for all eligible customers this month 🤞🚀
NEW: Brand new today -- another Bitcoin ETF coming to market. This one is from a new issuer 7RCC. Will hold Bitcoin and Carbon credits. Can theoretically be thought of as a more "environmentally friendly" bitcoin exposure to help offset mining power usage $BTCK bitcoin:native
I bought Bitcoin today.
And I hope it goes MUCH lower, so that I can buy more, cheaper.
You don't have to agree, it's just what I am doing.
The cheaper, the better.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded.
Originated and serviced by Better, powered by Coinbase.
Rolling out nationwide this summer.