Replying to Avatar Jay

I just tried to think like, I take a loan of 10k with 20k BTC down for a year.

At the end of the year, I owe say 11.5k and my Bitcoin is worth 25k. Do I take out a second loan with 23k BTC to repay the old one and reclaim more Bitcoin? I'd have to have a hell of a lot of Bitcoin to buy a year's worth of fiat and roll it over with less Bitcoin in collateral ever year. 4 years worth of Bitcoin to keep the scheme going.
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Jay 11mo ago

But after that first repayment I don't have any more fiat actually, if I spent it all. Now I'm just in debt. Can't wrap my head around it.

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The Bullish ₿itcoiner 11mo ago

Same. Think I’m gonna have to stay humble and stack sats about it.