what kind of bitcoiner hands over all his self-custody stash and KYC’s himself just to get a bitcoin-backed loan?
no better than a regular cryptobro. 
what kind of bitcoiner hands over all his self-custody stash and KYC’s himself just to get a bitcoin-backed loan?
no better than a regular cryptobro. 
Besides the fact you will get friendly liquidations as soon as the BTC price goes down.
Been there, done that, I regret everything.