i really don't recommend borrowing against your bitcoin and paying interest
just spend/sell coins as needed
yes i understand the numbers but consider the human psychology element of it, and the trac...
While I agree in principle about not participating in fiat games I have realized two things about this that changed my mind.
1. If my loan is fully backed I'm never in debt. I can be liquidated, which is the worst case scenario, but I keep the capital from the loan and don't owe anything if that happens.
2. By doing this it accelerates the end of fiat.
1. If my loan is fully backed I'm never in debt. I can be liquidated, which is the worst case scenario, but I keep the capital from the loan and don't owe anything if that happens.
2. By doing this it accelerates the end of fiat.
❤️3