:coinbase: Coinbase Launches Bitcoin-backed Loan Services for U.S. Users.

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#Hola ⚡⚡⚡🤩

It’s their insurance project. They never had the treasury and now they are buying one.

Another step towards Bitcoin adoption

So…borrow money against your Bitcoin, buy more Bitcoin, Bitcoin moons, rinse, repeat…now you’re Saylor 🤔

This type of products need to mature a whole lot more before I even start thinking about thinking.

Great initiative. It was expected.

Good 👏👏

They will use this to steal your #bitcoin. I guarantee it.

Is it turning into a fractionalreserve bank?

Pure vida ⚡⚡⚡

Don’t give them access to your capital. All you’re doing is giving them access to your capital. This will end poorly.

Instead of financial freedom, this could become a debt trap for many