My question is more of why this is seen as SV making this more common. That there are starting to be some SV companies that are doing this is evidence, I suppose. They still seem to be in the vast minority of the companies that offer it, though. Feels like saying SV encourages payday loans, because there are some that exist there.

lofty is simultaneously horrifying and attractive. Rent seeking is an abomination it is the only way to build a financial future. Work doesn't pay enough.

I've often felt that trading stocks and real estate investing like this is benefiting from other people's debt. which raises the interesting question. If you were to live according to Dave Ramsey's debt is evil philosophy and everybody got rid of debt, where would you put your money to build for the future?

Fwiw, this is using USDC as a currency. Your deposits are automatically converted.