Replying to Avatar Jake Woodhouse

Hi Chip

Ledn - I never did because in the fine print “beneficial ownership” changes hands, so it’s a taxable capital disposal when you send them your bitcoin

I’ll do a podcast on leverage soon. Next week or so

🙏🏻
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Bitcoin Only 4mo ago

I just noticed this clause in the Terms document. Wondering if it has been there all along and I didn’t notice it months ago. This clause makes me uncomfortable

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Jake Woodhouse 4mo ago

I read it when specifically looking for it on signing up

I didn’t take a loan

My feeling is that it’s likely been there all along

What gives them the security to lend to you