bostonwine on Nostr: I orange-pilled a buddy last winter and he’s pretty much sold his chairs by now, ...

I orange-pilled a buddy last winter and he’s pretty much sold his chairs by now, and now he’s texting me about Bitcoin-secured loans… lol he and I are verrrry similar, except that I’m married 😂 so my risk tolerance is lower. I’ve warned him about leverage, although these products from strike and ledn seem different from all the “you are the yield” products a-la-BlockFi

“Trying to stack an extra .2, max $25K. Need shared multisig custody. What do you know”

… I’m hesitant, but I’ll answer his question. Thing is, strike and unchained start at $100K, and Ledn takes full custody. So, I shall #asknostr

(And yes, his purple-pilling is in the works).