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Yo Stacker News!

We’re Tony Cai & Matthew Black, co-founders @ Atomic.Finance.

Atomic.Finance is building an app for folks to earn a yield on their BTC while holding onto their keys. Made possible using covered calls, and DLCs (think of them as a way to encode a Bitcoin financial contract on-chain).

We started Atomic because we think the current version of Bitcoin finance sucks… A LOT. Way too easy for folks to get rugged like in FTX / BlockFi / Celsius last year, because everything is custodial and a black box. We want to change that. That’s why we’re all about building what we call #SoundFinance for Sound Money (so like… DeFi, but better 😛)

Financial apps that are transparent, verifiable, and non-custodial — like Bitcoin itself.

This yield product is the first step 🤙 - it’s now in open beta on our website: https://atomic.finance/

A few inspirations for question topics:

  • Atomic.Finance (obviously 😆)
  • 🤺Building in ETH vs Building in BTC (We used to build on ETH ;))
  • 🔁Pivoting from ETH to BTC.
  • 📃DLCs - what are they? What can they be used for? etc
  • 🚀Bitcoin Startups
  • 💰Finance on BTC / BTC Options ➡️ Why does it matter?
  • 🧪BTC DeFi - what’s possible?
  • 👷‍♂️Ways to “build on BTC” - Stacks, RSK etc
  • 🔐Why we think it’s so damn important to build things non-custodially!?!
  • Custodial future for BTC ☠️vs Non-custodial future🤗
  • 🔮Anything BTC tech / BTC programming related. (eg. Scaling BTC, LN, Ark etc)
  • 💻 Programming , Mobile app development
  • Canada 🇨🇦 vs US 🇺🇸 Bitcoin scene (We’re based in Canada!)
  • 👽Aliens

Go ahead, AMA*! All questions are welcome! LFG 🚀

(Is it still considered AMA if there’s two of us? or is it AUA - Ask Us Anything? 🤣)

This quote really bugs me:

The good news for tax authorities, and regulators, is that contrary to the vision of the original [Bitcoin] designers - a core role has emerged for centralized institutions of various kinds in the transacting of crypto assets, notably exchanges through which they are bought and sold."

This must change. More P2P.

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Yes, James Corbett is doing very good investigations and documentaries
I will remind you all here some of his amazing work and I am strongly recommending you to watch them and also share them with all your normies friends:

And if you want more documentaries to wake up your friends, here is a list in my guide:

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