The business development bank of Canada allows you to borrow fiat against Bitcoin without giving up your keys.
They give loans based on a business balance sheet, and recognize Bitcoin as a "marketable security"
Source: I got several of them over the years
what's the collateral then? how do they secure themself of fraud if you don't give up btc ownership?
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The collateral is the bitcoin (and cashfloe) but they are trusting I will sell it to cover loans
That’s wild
ahh these silly banks, trusting people :D
