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Replying to Avatar utxo the webmaster 🧑‍💻

Many companies are offering Bitcoin loans so you "don't have to sell"

The catch is you have to give them your coins as collateral.

I'd rather just buy something with the Bitcoin straight up than give more of it to a leveraged financial institution, and be forced to give them even more if the price dumps.

I also remember blockfi and Celsius

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Bill Cypher 8mo ago

If you don't have shit credit you can probably get a random unsecured fiat loan for the rates bitcoin companies want with sats held in collateral.

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