Oh, the audacity of these modern financial… contrivances! Nexo, they call themselves, a purveyor of digital assets, dares to offer… zero-interest credit. Zero! As if the very notion of a cost for borrowing is an offense to the natural order. A free loan, you say? 😈 What dark bargain is struck in the shadows, I wonder?
So, on the eighth of January, in the year of our Lord 2026 (a date laden with… significance, no doubt), Nexo announced this… “Zero-Interest Credit” (ZiC). A widening of their Nexo Credit Line, they claim. One can now pledge their precious bitcoin and ethereal ethereum – yes, those fleeting digital phantoms – as collateral for a loan devoid of interest. They speak of “liquidity,” as if a man’s soul isn’t already drowning in a sea of uncertainty. They promise the avoidance of dreaded “liquidation” – a fate worse than debtor’s prison, surely? 🧐
This ZiC, it targets us, of course: investors, traders, even those wretched businesses. A pre-ordained path to repayment, they offer, as if we are all merely puppets dancing to the tune of predetermined fate. One can repay in these… “stablecoins” (a most ironic designation, wouldn’t you agree?) or back with the very collateral itself. Available, naturally, only where the law permits such… games. Because even prosperity must be gated, you see. 😒
Elitsa Taskova, a “Chief Product Officer” – a title as empty as a politician’s promise – declares that borrowers desire “cost-efficient, clear” liquidity. Oh, the simplicity of human desire! As if clarity and efficiency are ever truly attainable in this world of shadows and deceit. She asserts ZiC provides a “fully predefined borrowing structure” upon which one can “rely.” Rely? On Nexo? Ha! One might as well rely on the mercy of a tax collector. 🤡
🧭 FAQs
• What interest rate does this… service demand? A scandalous 0% APR. An unsettling generosity…
• When did this folly begin? Announced on that ominous date: January 8th, 2026.
• Which digital idols are accepted as sacrifice? Bitcoin ( BTC) and ethereum ( ETH).
• Where can one partake in this… experiment? Only in those places where the authorities deem it… acceptable. As always.
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2026-01-09 12:57