Discussion
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The devil is a trickster
If I don’t take a loan on my Bitcoin because I won’t be “owning” them but if sell the Bitcoin then I definitely won’t be owning them. What other option is there to unlock the value?
If you take a loan on your bitcoin, you won’t own twice as much bitcoin as if you just sell/spend some because of the way lenders over collateralize loans. If they require that you give them full custody the collateral, which most current lenders do, then it’s even worse. It’s money. Save it. Spend some if you need to. Earn/buy more. That’s how money works.
Buh muh inflooencer says
LOL 😂
Talk me off the ledge 👀
https://primal.net/e/nevent1qqsytme6xk394dwehe6dgfymjx5ye3xslp6aytrrxmeln59wtfm7y0cuqayze
Gotta give Strike full custody of at least 2x your loan amount for collateral. Also…
lmfaaaaaao
Woww 🤦♂️
F that noise
Oof, I thought there was no re-hypothecation 🥲
That’s what Mallers said in his conference speech. This would appear to leave the door open to that down the road, even if they don’t do it right now.
Shit, reminds me “they live” has been on my list for years and still haven’t watched it
more like
YOUR BITCOIN LIQUIDATED