{"type":"rich","version":"1.0","title":"cincy wrote","author_name":"cincy (npub1q2…yzq27)","author_url":"https://yabu.me/npub1q22dr8dzjmk5vs3zpywz0xhh43032w7caefj7xyhnqumgu4argdqtyzq27","provider_name":"njump","provider_url":"https://yabu.me","html":"tbf STRC has been swelling in a -45% bitcoin bear market and -65% mstr market\n\nthe risk is people assume they’ll have a high yield in perpetuity and then get blown up when the yield goes down and their debt obligations exceed the lower yield\n\nin that scenario STRC price breaks par, the yield is raised again, and new investors buy to take advantage of the lower price plus higher yield\n\nobviously stay humble and stack sats, but I don’t think this instrument is a scam. he has built a fixed income yield curve that is completely backed by bitcoin. it’s pretty fucking interesting, especially in this bond market environment"}