There aren’t enough bingo cards in the world…

Consistently rabid Bitcoin maxi working to convince bitcoiners to trust his centralized permissioned lending service with wallets “segregated” into the hands of  “lending partners” who set interest rates at 12% with wallet keys I imagine managed in a centralized database and you aren’t allowed to borrow unless you put up at least $75k. 

Meanwhile, I can borrow at below 1% interest against BTC with any amount I want and lend if I want without anyone’s permission over here in the “evil DeFi empire” and nobody is storing the keys in a centralized database. 

Rant to me again about financial freedom purity…?

There is no rehypothecation with @Strike Lending.

When you take a Bitcoin-collateralized loan with Strike, your #Bitcoin stays in a segregated wallet. No rehypothecation, no funny business.

We hear you loud and clear. Better rates is next. Give us until the end of the month 🫡 https://t.co/WuPXvPfr5v

Jack Mallers

There aren’t enough bingo cards in the world…

Consistently rabid Bitcoin maxi working to convince bitcoiners to trust his centralized permissioned lending service with wallets “segregated” into the hands of  “lending partners” who set interest rates at 12% with wallet keys I imagine managed in a centralized database and you aren’t allowed to borrow unless you put up at least $75k. 

Meanwhile, I can borrow at below 1% interest against BTC with any amount I want and lend if I want without anyone’s permission over here in the “evil DeFi empire” and nobody is storing the keys in a centralized database. 

Rant to me again about financial freedom purity…?

https://x.com/jackmallers/status/1922036776631177244