Replying to Avatar utxo the webmaster 🧑‍💻

Many companies are offering Bitcoin loans so you "don't have to sell"

The catch is you have to give them your coins as collateral.

I'd rather just buy something with the Bitcoin straight up than give more of it to a leveraged financial institution, and be forced to give them even more if the price dumps.

I also remember blockfi and Celsius
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optout 8mo ago

There's non-negligable difference between actually giving your coins (á la blockfi, celsius), or placing it in an onchain escrow (from where it can go only to the predifined outcomes), as used by more based companies, such as Firefish.

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