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unit 1y ago

Simple question?

Would you take a fiat loan against #bitcoin if it traded like Gold did against Weimar Mark

That volitility wipe MFers on both side out

You better get you timing right or you'll get rekt

Retail doesn't have the discipline necessary to handle this kind of volitility

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Speedster 1y ago

I think if you are borrowing fiat to buy more bitcoin you need to use something else as collateral that can’t be called in less than one bitcoin cycle. For example a HELOC or the cash value of a whole life insurance policy.