It's about the equivalent of taking your bitcoin to a pawn shop.
Usually you swap debt for an asset. A bank is always happy to swap an asset for debt.
It's about the equivalent of taking your bitcoin to a pawn shop.
Usually you swap debt for an asset. A bank is always happy to swap an asset for debt.
Imagine getting your money to a pawn shop instead of simply spending it. I don't understand why someone would want to pawn their money.
UNLESS this person is looking for a way to leverage short fiat.