What’s going to convince capital to fund bitcoin collateralized loans? If an investor buys into the bitcoin thesis, they should just buy bitcoin. Most debt funds won’t be in a position to invest in bitcoin collateralized loans due to investment committees / investment documents.

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People keep saying that's the next step. Buy Bitcoin never sell it and take a loan!

To me that's stupid, are we trying to create a new system or just keep the old system. Bitcoin should be used as money loans and interest should die in a fire.