Cyph3rp9nk on Nostr: And while you're at it, you pay taxes, which is the perfect way to reinforce the debt ...

And while you're at it, you pay taxes, which is the perfect way to reinforce the debt system and maintain the state.

https://primal.net/e/nevent1qqs8k38482evqhs8tsggtmmfvyn87xrxk8wlvaydye75sc764evqvgql0k3e8

quoting
nevent1q…nstt

the Strike line of credit may be my favorite thing we’ve ever built. it’s unbelievable.

- it’s an open term loan. no origination fee, no early repayment fee, and you only accrue interest on what you actually use

- it’s a payment method. i can withdraw cash from it instantly, i can pay bills with it, i can even stack sats with it

- because strike is effectively a bank, i also have my paychecks land there, and can configure my paychecks to pay down my line of credit

how do i live on bitcoin?

i have a bitcoin line of credit on Strike. i spend on credit cards, and pay my HOA, ComEd, credit card, and other bills with my line of credit. i also have small DCA going on the line of credit at these price levels. my paychecks come into strike and i configure it to pay down my line of credit and stack sats with the excess cash. i never have to sell my bitcoins and deal with tax triggers.

this also ensures my LTV is never dangerous. i don’t need to borrow a massive lump sum at once and risk a dip. my LTV for a line of credit is like less than 1% of my bitcoin.

a financial account from the future.

we start rolling it out externally next week. so excited