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Lebanese Hodl · 31w
Even if you don’t pay back the principal you have the service the interest every month.
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rare (⌐■_■)っ♨ @rare
been using loans for a couple years. never paid the monthly interest. get rate at 5-7%. bitcoin's risen 20%. arbitraging 13-15%. have closed out loans with a fraction of coin. other times, just rolled with smaller amount.

you don't have to use it.

question though: if someone uses their bitcoin to close their loan, is that still considered spending or not?
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Lebanese Hodl · 31w
That’s a great question! Maybe nostr:npub1drlw0wmu9tq37usx4qt3u6u4zj44mrf3zsfa6xhcdyrh3n4wpmgqr4rfg0 would know. Maybe not because you’re settling debt? Also where do you get rates this low without any monthly payments?!! That is absurdly low. Even Heloc’s are higher.