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Replying to Avatar Dylan

Because why would I spend a scarce, appreciating asset like Bitcoin, when I can borrow against it for fake money, and let Bitcoins appreciation ‘pay’ down my loan over time

Same reason why someone wouldn’t sell their home if they need liquidity. Why would I sell my home that’s gaining value, if I can just borrow against it and get some liquidity to purchase what I need

I see where you’re coming from as a bitcoin-only business like yourself. However the world is still fiat. So until everyone accepts bitcoin, borrowing fiat against it for liquidity, is a much smarter move financially than to part ways with it

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Leathermint 3mo ago

My position on this have nothing to about me running a business. I don't believe the people loaning their Bitcoin have and ever will have a significant impact on me. It might actually end up do publicity for Bitcoin and be good for me in the end.

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