Banks loan against volatile assets all the time when their borrowers buy new cars. The difference is, they're never required to mark it to market.
I'm critical of taking out a loan against a volatile asset, as that's what brings us nostr:npub1r3kty2vkh247jgdu63wgkcsnktdtp9hc3e962eudg0getgvxs4gsz4uytc.
Banks loan against volatile assets all the time when their borrowers buy new cars. The difference is, they're never required to mark it to market.
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