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Don’t sell your Bitcoins! - David Seroy
This is a great clip from David Seroy from Sovryn speaking to Joe Brunett from Blockware
An interesting talk about #Bitcoin credit, #Stablecoins and the future of the space
Full Podcast: https://youtu.be/AdeIGPvlmQs
#Bitcoin backed credit is the bridge to #hiperbitcoinazation.
Instead of putting these two assets #BTC & #USD against each other now you can have both serve the same goal achieving synergy!
By opening a line of credit with Bitcoin as collateral and USD as liability
you can benefit from BTC accruing value over time and shorting the dollar as its purchasing power slowly erodes.
Some people may prefer to hold their BTC in cold storage, while others may benefit from the opportunity to access credit at 0%.
Specially for parts of the world where access to USD is limited and a censorship resistant form of a #stablecoin is desperately needed.
By using platforms like Sovryn and Money on Chain on Rootstock you are also creating a demand for this Bitcoin backed stablecoins.
which also increases the demand for #BTC to be held as collateral
This creates a flywheel effect of:
-Adding new users to the network.
-improving their lives.
-Locking up more and more Bitcoin.
-Increasing the miners revenue and pushing the price higher.
Something we can all rally behind!
More clips and amazing content to come 👍🏻
Stay Sovryn!!!
Useful links:
https://www.sovryn.app/
https://www.sovryn.app/
https://rootstock.io
https://wearebitcoin.world
https://alpha.moneyonchain.com/
Twitter Profiles:
Joe: https://twitter.com/IIICapital
David: https://twitter.com/david_seroy
Sovryn: https://twitter.com/SovrynBTC
Money on Chain: https://twitter.com/moneyonchainok
Rootstock: https://twitter.com/RSKsmart
Blockware: https://twitter.com/BlockwareTeam
We are Bitcoin: https://twitter.com/wearebitcoin_
Thanks a lot!!!
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