
True. But working on your own dream often just means longer hours, more stress, and no guaranteed safety net. Not everyone wants to swap one kind of cage for another.
🔔 This profile hasn't been claimed yet. If this is your Nostr profile, you can claim it.
EditTrue. But working on your own dream often just means longer hours, more stress, and no guaranteed safety net. Not everyone wants to swap one kind of cage for another.
Well, not everyone was born into comfort. When you start at zero, the (hamster) wheel spins fast and rest comes slow. 🥲
Born in a country ≠ citizen of that country. Xapo Bank closed my account for being “Russian by birth” - despite verifying with a Czech ID and never declaring Russian citizenship. If that’s not discrimination, what is? #xapo #xapobank #bitcoin #selfcustody #NYKNYC
Not AI, just trying to explain some long-term risks with BTC-backed fiat loans. If anything’s unclear or sounds off, point it out. Open to critique.
🔥 BTC-backed loans are powerful — but they carry two hidden systemic risks and a 2045 dilemma: 1️⃣ Ballooning Fiat Debt Borrowing fiat against BTC assumes you’ll repay in fiat. But with BTC appreciating 20%+ annually, your liabilities can balloon into millions. Servicing that? It needs massive fiat inflows. Can your lender/bank even support that? 2️⃣ BTC Liquidity Bottlenecks Almost no one lends actual BTC. Stablecoins work — for now. But USDC/USDT are chokepoints vulnerable to blacklisting or collapse. What happens when your entire bridge vanishes? 🚨 2045: The Fiat Implosion If BTC-backed borrowers keep rolling fiat debt forward, we may hit a crisis: more fiat owed than exists — and no one left willing (or able) to lend it. 💡 The fix? Exit fiat entirely. We need BTC-denominated credit, BTC-native finance, and sound money rails. That’s the endgame. ⚠️ Borrow smart. HODL harder. Exit fiat. #Bitcoin #Firefish #Lendasat #HodlHodlLend #Debifi #Ledn #BTCFinance #Collateral #2045Ready #SoundMoney
Yes, let's take the echo chamber to the next level! 💪🎉😜
And , but I haven't tried them yet.
sv_gravity 800
fixes this. as well.
Appreciate the thoughtful reply - let me clarify what I was trying to get at: You're right that BTC-backed loans improve your LTV as BTC appreciates. But my concern isn’t about liquidation - it’s about the scale of fiat liabilities over time. If someone rolls a $100k/year loan today, that could mean $10M+ in fiat exposure by 2045. Even if the collateral is solid, banks may flag or block those kinds of transactions due to compliance thresholds or AML suspicion. And yes, BTC-backed loans unlock liquidity today - but most of that is via stablecoins or fiat rails. If those chokepoints become unstable or regulated out, we could face real liquidity constraints for BTC borrowers. Totally fair on 2045 being arbitrary - I just meant “in a couple decades” as a lens for thinking long-term. And yeah, fiat doesn’t “run out” - but the willingness to lend it into a Bitcoinized economy might.
is this video being ignored on purpose by flat earthers to protect their narrative?
English tea - a little leftover tradition from British days here. Funny how tastes linger, even after empires fade ☕️
GN
Evening gun! Fire! 💣💥
💥 "The Evening Gun roars over Valletta!" 🕓 Caught the 4pm salute from the iconic Saluting Battery in Malta 🇲🇹. Tradition, history, and a thunderous boom echoing across the Grand Harbour. That smoke in the distance? No idea! 🤷♂️ #Malta #EveningGun #Valletta #SalutingBattery #HistoryFiredDaily #NostrTravel
🗡️
Each tree is a self sufficient and a sovereign node.
https://youtu.be/YykjpeuMNEk
Linux Systems Engineer. Running Bitcoin Knots. The future is not something we wait for, it's something we build. PGP: 0x43319FDBD40B46FD4E0B8EE29076D5E6B31AE99C