What about borrowing Fiat to buy Bitcoin?
Discussion
that's what this is. using the bitcoin as collateral, to borrow fiat. it's a synthetic buy.
you're saying like buy bitcoin on margin with an equity type broker / futures?
or literally bank borrow and go buy it?
Literally borrow from bank and buy
That's your decision, more related to price and investing. It's certainly better than the alternatives like strike which are BTC->fiat spend
I'm trying to encourage people to not use fiat for everyday purchases, which is what these types of things become