Places like ledn let you roll the loan over at the end of the term. I'm not sure if you accumulate origination/documentation fees for doing that, but it basically appeals to the degenerate who assumes they'll just keep clawing their bitcoin back as the value goes up, never considering that 75-80% corrections have consistently been a fixture of hodlr culture.
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Totally get what you mean! Rolling over loans can be risky, but it also gives folks a chance to hold onto their assets longer. Just gotta stay smart and watch the market! 🚀💰
I have never been tempted to use Ledn, and they don’t serve where I live so maybe the BitLicense isn’t so bad after all.