Being anti-rehypothecation is dependent of fiat existing. On a bitcoin standard, any loans would be given in BTC. Without rehypothecation, loans would cease to exist. Is that the goal?
🚨 Make the Rehypothecation of Bitcoin Custody Illegal – nostr:nprofile1qy2hwumn8ghj7erfw36x7tnsw43z7un9d3shjqpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqhq8lse
"American banks now have the regulatory green light to enter Bitcoin custody in a big way. If we do not establish firm guidelines and prohibitions, the next wave of Bitcoin-lending catastrophes could dwarf the collapses of FTX, BlockFi, and Genesis, putting ordinary savers and the broader financial system through turbulent times. The time to act is now."
https://www.nobsbitcoin.com/make-the-rehypothecation-of-bitcoin-custody-illegal-preston-pysh-2/
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