Root 🥕

#Bitcoin On-chain & Cycle analyst.
Supported by @BitcoinMagazine & @Roxom.
Building the Bitcoin Strategy Platform & Newsletter.

[Root 🥕 @therationalroot]

✅ Crossed the 100k ring! 🚀 #Bitcoin

[Root 🥕 @therationalroot]

@scottmelker @CapQka @CryptoKaleo Where does the yield come from: https://t.co/9804jG7UmF

[Root 🥕 @therationalroot]

Bitcoin treasury companies borrow fiat to buy #Bitcoin. Fiat inflates, Bitcoin holds. That’s the yield.

[Root 🥕 @therationalroot]

I agree there's an overlap in recipe, and therefore I can't say this is without risk, but the risk protection strategy has compared to Luna is enormous. They don't have to defend a peg, can defer dividends, and have a balance sheet to sit out the thesis. In the end it comes down to, will fiat inflate and BTC appreciate on a long enough time frame.

[Root 🥕 @therationalroot]

@ShaunRy29620415 @A_Life_Shared You can apply that logic also to the 7.25% which would make it a ~3.6%.

[Root 🥕 @therationalroot]

An absolute big day for Bitcoin lending infrastructure. BTC-backed liquidity at 7.25% APR, no rehypothecation, open-ended, and no need to sell your Bitcoin. 👏

Long-Term Holder selling this cycle has been one of the main reasons that constrained price. A lot of selling is simply liquidity-driven. Bitcoiners need easy and attractive ways to borrow against their Bitcoin and access to Bitcoin-denominated markets.

[Roxom @roxom]

Introducing the Roxom BLOC (Bitcoin Line of Credit).

Your Bitcoin stays exactly where it is. The liquidity comes to you.
Open-ended. No rehypothecation. No prepayment penalty.
Credit, rebuilt around Bitcoin.

Open the line. Keep the Bitcoin.

Only on @roxom

[Root 🥕 @therationalroot]

It's good to be critical, but this might have been the first product post (besides my own platform) I have done in 10 years of providing insights. Not for money, but because I think these types of products are needed.

From a February newsletter, well before Roxom started sponsoring me:
"Borrowing against BTC remains expensive and constrained compared to traditional assets. However, with efforts to reverse policies like Choke Point 2.0 and regulatory clarity from legislation such as the Clarity Act, the foundation for more open banking access and lending infrastructure is forming."

[Root 🥕 @therationalroot]

@A_Life_Shared I think these rates are extremely attractive compared to what's out there. Most are well above 10%.

[Root 🥕 @therationalroot]

@Apocaron *partial liquidation back to 65%LTV. And one can one can overcollateralize. But it's obviously not risk-free.

[Root 🥕 @therationalroot]

@MotorcycleLATM Roxom is a sponsor of my work, and I do have an affiliate code with them: ROOT. But I don’t make money from promoting this specifically, my view here is sincere.

[Root 🥕 @therationalroot]

@stephanlivera @TimKotzman @saylor 🎯

[Root 🥕 @therationalroot]

To be clear: I would recommend Bitcoin in self-custody over digital credit any day. But not all capital can or will. As the meme shows, digital credit serves a different function in the transition to a Bitcoin standard.

Read more about the current crash and ongoing events around treasury companies in my latest newsletter. Subscribe for timely insights.👇
https://t.co/SdVNtbRZvO

[Root 🥕 @therationalroot]

Demand for dollars is good for governments.
Demand for stablecoins is good for governments.
Demand for digital credit is good for #Bitcoin.

[Root 🥕 @therationalroot]

The Spiral Chart. #Bitcoin

[Root 🥕 @therationalroot]

@TXMCtrades @saylor Bear, not cycle, STRC was consistent demand. Why ‘skeevy’ if it’s completely transparent? Or are mortgages also ‘skeevy’?

[Root 🥕 @therationalroot]

This price drop surely caused frustration, after the realization that the 4-year cycle and bear market remain intact. It’s ironic to see this frustration directed at @saylor and Digital Credit, which has been the main source of demand in this bear market.

[Root 🥕 @therationalroot]

@RaymondKaven

[Root 🥕 @therationalroot]

The bottom was not in! #Bitcoin

[Root 🥕 @therationalroot]

Read the latest Bitcoin Strategy newsletter on the new low, why treasury companies are getting the blame, and what is actually driving this bear market. 👇
https://t.co/fLmmHpkMAQ

[Root 🥕 @therationalroot]

@MrHucktheHound @coinjoined @giacomozucco @BTCPrague @saylor Retweeting was not necessary, but you have to understand this was directed at the crypto crowd. Defi scams backed by bitcoin makes them less scammy.