Bitcoin holders face a brutal choice when they need cash. Sell your BTC (and cry later). Or spend 6 hours comparing complicated CeFi platforms with confusing rates and custody risks. Neither option makes sense. Our portfolio company, @SatsTerminal, has just launched Borrow, the first non-custodial marketplace for Bitcoin-backed loans. What makes it different: → One marketplace aggregating bitcoin-backed lenders (DEX + CEX) → Non‑custodial & no KYC. Your keys, your control. → Real‑time, transparent quotes: view net APR, LTV, fees, and terms instantly before you borrow → One simple flow from BTC to stablecoins It’s built by Bitcoin-first founders @stan_havryliuk and @rishabhjava and the team has set the standard for Bitcoin swaps. If you hold bitcoin and want liquidity without giving up custody, keep your eye on Sats Terminal.(Tim Draper)