NewsDrop from Mr.Belferman

▫️💰 Strike launches loans under #BTC — give satoshis, receive dollars

Strike now allows you to take loans secured by Bitcoin.

That is: you have BTC → leave it as collateral → receive cash → hold #HOLD .

Sounds cool. But in my mind, I immediately have a flashback:

"What if BTC drops by -30% and I end up without collateral and without money?"

Fintech is becoming more flexible,

but the risks remain the same. They are just now presented more beautifully.