Soon coming to a Bitcoiner near you:

- Bank: «Hi, it’s your bank.»

- Pleb: «Hi..»

- Bank: «You know the #bitcoin we didn’t like that you had. We would like you to put them into our bank.»

- Pleb: «Why should I do that?»

- Bank: «We’ll give you free fiat loans if you back it with BTC.»

- Pleb: «I think I’ll pass.»

- Bank: «No, please, god, no! We’ll give you negative interest rates if you want.»

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Discussion

I would accept to block BTC as collateral for, let's say, housing mortgage, but it had to be using multisign miniscript wallet where I get the final word on where the BTC goes and will be able to get mine back in case the other party disapear, lost keys or whatever after the contract date. I mean they have nothing to lose, they can always get the house if I stop paying.