rich1.0cincy (npub1q2…yzq27)https://yabu.me/npub1q22dr8dzjmk5vs3zpywz0xhh43032w7caefj7xyhnqumgu4argdqtyzq27njumphttps://yabu.metbf STRC has been swelling in a -45% bitcoin bear market and -65% mstr market the 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 in 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 obviously 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