Every team member, contractor, investor of @PyrusFinancial & every individual/business that has worked with us will be a customer of ours.
We are making a product for ourselves & our families. We are ensuring every detail, clause, & function of the Bitcoin Equity Loan reflects this commitment.
To clarify @PyrusFinancial is not doing BTC-backed loans!
Ledn / Strike / Arch / Unchained / Coinbase loans: existing BTC holder → posts BTC → gets USD liquidity. Underwritten on collateral. Liquidation-based. Customer is a HODLer who needs cash without selling.
Pyrus's Bitcoin Equity Loan: aspiring or accumulating BTC buyer → has USD income/credit → gets a USD installment loan to acquire BTC → BTC is supplemental collateral with no forced sale. Underwritten on borrower. Default-and-recovery based. Customer is someone who wants to own more BTC and is willing to amortize the cost over 4–7 years.
"I have reason to believe that Bitcoin will reach $250k in 18 months… and eventually I expect the number to be higher as Bitcoin rises and the dollar falls to inflationary pressures." - Tim Draper
Might be a good time to finance some Bitcoin!
;)
I bought Bitcoin at $4. Or so I thought.
Peter Viscenne had offered to mine it for me. He bought some fast mining chips from Butterfly Labs, but rather than delivering them to him, they used them to mine their own bitcoin. Then when Peter finally got the chips, Bitcoin was over
Bitcoiners often forget that cold-storage, or hardware custody is not for everyone. BTC companies who service consumers have a duty to put in tons of work to ensure a secure custody model - not only from a technical standpoint, but from a social one...
Saifedean nails it on non-physical value.
Bitcoin proves the flip side: the most unbreakable digital money is secured by the world's biggest energy-to-compute machine. It is not 'fluff' and 'based on nothing' as so many seemingly intelligent commentators claim.
Value is not a physical thing
To all the people who think bitcoin can’t have value because it’s not tangible...
Tangible assets constitute the following percentage of the Mag7 market caps:
Nvidia: 0.66%
Apple: 1.38%
Tesla: 4.06%
Microsoft: 7.29%
Alphabet: 8.39%
Meta: 9.56%
Don't finance a car or home, finance a Bitcoin... or a few ;)
We @PyrusFinancial spent the last few weeks @fdotinc releasing early access and building our infrastructure to offer you the ability to buy 1 bitcoin for $1,400/mo.
Excited to share more in the coming weeks!
EPISODE 2 SEASON 1 IS OUT 🔥
3 new startuppers and 2 new judges enter the show.
850k dollars at stake.
Low time preference fun-ding only. No shortcuts.
rumble.com/v75cxq8-cypher…
As @shahh said:
"You can take out a $67,000 loan right now at 7.5% & buy 1 BTC.
In 10 yrs, you'll owe $102,000.
Bitcoin's price in 10 yrs? Easily $500k-$1M.
That's 5-10x profit for FREE.
Worst case, BTC is $100k, & you break even.
Literally free money."
We're building this
Deposit $1.5-2M of BTC to get a $1M house..?!?!
How is that better than the traditional fiat system that requires $100k down..?
It's NOT...
Bitcoiners deserve product flexibility and no liquidations.
Instead deposit 1.5-2x the DOWN Payment in BTC and enjoy NO liquidations...
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537 Followers 575 FollowingBuilding a BTC Acquisition Vehicle for Retail @bitmor_btc. Stack Sats. Shill what you believe in. More. | ex - Head of Product @wach_ai