A few different people are telling me they’re using some form of “infinite banking system” to buy bitcoin with borrowed money; that they borrowed from themselves, which they bay back.. but is ultimately is backed by a whole life insurance policy.

Can anyone fill me in? Morally, this feels off 🤔 what am I missing?

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Not sure how this works but whole life policies are usually pretty expensive up front. Probably better just to buy corn instead of doing this weird dance.

if they're sellin you a product that is difficult to understand then it's probably a screw job