GM NVK!

🌞☕️🌞☕️

Best way………

Hodl long enough that you don’t have to sell………

By then, hopefully, loans against some #Bitcoin collateral is more commonplace and you can take a loan against the asset.

Pay off loans and send your generational wealth to your kids after your death with a step up basis on the #Bitcoin………. nostr:note1436uwc86sufrqxut9yz20ez3m6e393mcxfvec3klvh0q5m3xr5rqj7txpp

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Discussion

That's also my plan

However, I have one worry... To borrow money, take a loan, using Bitcoin as a collateral, I will have to give up on self custody, right?

The future lending institution that will lend me money, will need to get control over my Bitcoin, right?

So that they can sell it in case I do not pay back...

Unless there is going to be sone multisig future solution, I guess.

But even then, it will not be trustless anymore. On the other hand, how could it be, if I want someone to give me money...

Unchained already uses multisig for Bitcoin used to borrow against

https://unchained.com/loans

Choose Life

Looks great. OK, hopefully in the future, where I live, services like this will be available, too

Thanks for sharing

Thank you Paulo!