What happens if you loaned out 1 BTC worth $65k

And the cost of 1 BTC rises to $1m, before the borrower can pay it back

Is the borrower just fucked? Or how would that play out?

Is than an intended feature of Bitcoin?

So that we’re incentivized NOT to lend money to each other, knowing deflation is inevitable and it might be impossible for the borrow to pay back that same slice of the pie in the future?

Idk

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Dont kend the bitcoin. Do t take loans for bitcoin. Dont trade bitcoin. Don't trade with leverage bitcoin

Best practice is stack and wait

Work while you wait

I don’t plan to. Only hodlin

Was just curious about the situation

Ya i was too but its sound bery scary haha

The lender can pay himself from the crazy spike. Because they lend you the cash. Plus the way it works is if you asking for 1 btc lend you need to provide 1.5 btc or more for collateral