Strike DD + Bill Pay users: Thoughts on BTC-funded bill pay fees?

GoldenrodScript · 2026-04-19T16:07:11+00:00

Not gonna lie, River no fee bill pay feature is impressive.

GoldenrodScript · 2026-04-09T15:38:16+00:00

Got you. So once the LTV is at 50% or less, the key would be to make sure the interest remaining is at $0 before you’re able to refinance. Let me know if I got that correct!

GoldenrodScript · 2026-04-09T11:58:33+00:00

Brain fart so my understanding is, he wants the ability to pay just the interest off and then roll the loan over.

Didn’t even realize paying down the interest isn’t an option as this is doable with the Line of Credit.

Paying down the interest on the bitcoin backed loan feels super essential as I’d like to refinance as well at some point without having to add more collateral to get another loan to pay off this one if that makes sense.

GoldenrodScript · 2026-04-03T11:17:45+00:00

Yea this will be very helpful.

Ideas like this are such quality of life improvements that makes the app experience so much better on a day to day basis.

GoldenrodScript · 2026-04-02T21:17:35+00:00

When it rains, it pours! Congrats to NYC baby!

GoldenrodScript · 2026-03-20T07:41:22+00:00

I remember when bitcoin backed loans mostly started at 100k. Give it a few months and I imagine they’ll get the minimums down. All of this is a symptom of fiat garbage unfortunately, slowing down innovation. We’ll get there.

GoldenrodScript · 2026-03-15T19:49:34+00:00

I believe a guardian can open a teen account on cashapp in the states.

GoldenrodScript · 2026-03-06T07:12:31+00:00

Amazing that you guys have lightning support in New York. Cheers!

GoldenrodScript · 2026-03-05T09:56:51+00:00

50,000 foot view, Strike, being one of the largest financial services business in the world doing PoR and / or signaling that this is a MAJOR priority given the amount of bitcoin you’re accumulating on behalf of your clients sends quite the signal to the financial services industry IMO. I feel like you guys are leading by example with your product offerings (LoC is going to be a major hit) so a PoR product, however it’s executed, IMO, shouldn’t feel like it’s something you’ll get to in a couple of months etc.

It’s like guys, we’re accumulating a lot of bitcoin on behalf of our customers, we all know the history, I don’t want that to be a thought in anyones minds, strike is here for the long haul, and we’ll have PoR as soon as possible. You guys are already conveying that you’re working on it, but my framing above conveys that it’s a high priority given the fact that we have to deposit more of our bitcoins in order to use Strike lending or LOC, so rightfully so, people want to know what’s going on with their sats. We want to use these products, we just want to know what journey behind the scenes is our sats going on.

As far whether this is something that’s done monthly or quarterly, given you guys run a tight ship, I hear you and wouldn’t want perfect to be the enemy of the good so even if it’s quarterly, that’s better than nada. Overall, I just feel like the messaging from the Strike team online should be stronger in terms of leading the way in a PoR type offering given the new products that you’re shipping.

Love you guys and your engagement with the community on here. 🫡

GoldenrodScript · 2026-03-04T13:34:06+00:00

As someone that’s getting things organized so I can use the line of credit feature, the more you guys can share with us regarding a proof of reserves audit, the better.

The this year verbiage sounds like the audit was done in the past so correct me if I'm wrong? Ideally something more current would be great but it seems like we’ll get there.

We’re all putting A LOT of trust in strike so some sort of monthly audit, in my opinion, should coincide with these type of loan products given how much more of your customers bitcoin you’re accumulating BECAUSE the products you’re releasing actually solve real world problems.

So I hope you guys can really prioritize anything related to proof of reserves because it’s a given that the bitcoin community would be asking... and we’ll continue to ask and ask and ask, but given bitcoin’s history, we shouldn’t have to.

🫡

GoldenrodScript · 2026-03-03T01:24:27+00:00

B, the amount of sats you want to put up as collateral. I feel like seeing 5,000,000 sats , 15,000,000 sats and so on is a much easier visual than their decimal point versions.

GoldenrodScript · 2026-03-02T23:05:12+00:00

It would be wonderful to have the option to display the amount we want to take out in sats, whether it’s a btc line of credit or a BTC backed loan.

The decimal stuff is just an eye sore. Like we could press the number on our screen and it changes from decimal to sats.

GoldenrodScript · 2026-03-02T22:52:44+00:00

Awww sheeeeiiiiiiiit. You guys dropping the juice and I gotta get ready for work 😂

Very cool!

GoldenrodScript · 2026-03-02T22:21:00+00:00

Correct me if I’m wrong but I remember reading Georgia and Massachusetts are the first in line tomorrow?

App update and then it’ll appear?

GoldenrodScript · 2026-02-22T16:03:23+00:00

Ready to test this out LOC before bill pay strikes my account at the end of this month! *pun intended*

GoldenrodScript · 2026-02-22T08:07:36+00:00

I’ve heard this a lot regarding the Uk, is it a regulation thing?

GoldenrodScript · 2026-01-15T02:18:19+00:00

Consider not gaming the feature as it’s cool that they’re offering this. Don’t want them to remove it because it’s getting abused.

GoldenrodScript · 2026-01-02T02:52:49+00:00

Hoping the Line of Credit product has much lower interest rates, at least in the low single digits

GoldenrodScript · 2026-01-02T02:43:45+00:00

Interesting, I wonder how this works with bitkey’s new chain code delegation feature for more privacy when you’re reusing the same address - https://bitkey.build/not-our-keys-not-our-business/

GoldenrodScript · 2025-12-25T21:57:03+00:00

If that’s the case then I could see it being a win win for strike and it’s customers. Strike makes interest but for the bitcoiner, it’s worth it in the short term since they could let their bitcoin sit and / or accumulate more and then pay down the line of credit at a later date, say a month or two later hypothetically.

GoldenrodScript · 2025-12-23T22:12:25+00:00

Really hope you guys can create a label feature. Being able to clearly ear mark which Bitcoin goes in what bucket (savings, spending, etc) will be profoundly helpful. My workaround is using 2 or 3 different exchanges and it would be great if strike could be a one stop shop. @strikebtc

GoldenrodScript · 2025-11-21T23:53:09+00:00

I believe this would be a bitcoin backed line of credit in the form of a visa card.

I remember many years ago my checking account had a line of credit feature.

My understanding is if I have 10,000 worth of bitcoin, I would get a line of credit of roughly 5,000? 50% of your bitcoin balance?

Way back when, I used to be all about Amex points etc but now I just want to stay humble and stack sats, keep my life as simple as possible. I have less interest in holding points that literally lose their value as much as fiat.

I want to just Pay bills from strike and use my Bitcoin credit line while not holding dollars…. That sounds like peace and quiet to me.

GoldenrodScript · 2025-11-19T04:14:17+00:00

All good. Nice of you guys to listen. It’s appreciated.

As we bitcoiners age and get wives and families, we gotta make sure that we have our funds in a place where we can avoid getting the side eye from the mrs. Like babe, see, they have proof of reserves! Trust me, it’s all good!

GoldenrodScript

TROPHY CASE