There has never been a 4-year period in which Bitcoin was worth less at the end than at the beginning.

The lowest growth over a 4-year period that I could find was ~80%.

Now, imagine a financial institution that gets this.

That institution could issue Bitcoin-backed loans that are not over-collateralised.

You deposit $10,000 worth of BTC in a multisig and you get a $10,000 loan, over 4 years.

The interest rate can be much lower than what's available today, if the institution has a stake in the rise of the collateral.

Say the $10K worth collateral is worth $18K, at the end of the loan.

The lender could be entitled to a small percentage (3-5%) of that growth, if the interest they charge on the loan is say 5% or lower.

Just my 2 sats...

What do you think?