Figure on The Pomp Podcast
The End of America in 2029 | Porter Stansberry
Transcript
Today's episode is brought to you by FIGR. We all know the degen dilemma. You need cash to live your life, maybe buy a house, run a business, or buy your morning coffee. But the second you sell, you're hit with a massive tax bill and you lose your seat at the table. That's why I've been looking into FIGR. Instead of selling and triggering a taxable event, Figur lets you borrow against your Bitcoin. You get the liquidity you need at around 8.91% interest, 9.9% APR, but you keep a 100% of the upside. Now I know what you're thinking. Is my collateral safe? Figur uses MPC custody. It means your Bitcoin stays in its own segregated wallet. It isn't being rehypothecated or sat on some shaky exchange susceptible to rug pulls or other shadiness. Plus, they've got optional liquidation protection for when the market gets, well, like the Bitcoin market gets. So if you wanna stop selling your future to pay for your present, check my link in the show notes or go to figuremarket.co/pom.
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