Nice to see. I looked at taking a bitcoin loan to buy bitcoin. Price was 90k. This was a couple months ago. I modeled it all out and it didn’t pencil out. I’d only take a bitcoin loan for other things. 13% is way too steep. Makes zero sense. Bitcoin loans should be the cheapest loans out there...

Respect nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

Yes... Personally. I would probably do 15% margin max. A lot of people are going to lose a lot of bitcoin.

In the flesh. God bless nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

I would rather see companies honoring the exact terms as set in the loan contracts. The worst case scenario of this can be much worse. People are saying nice to see but where is the skepticism that made Bitcoin what it is today?

Curious how this works when it comes to repaying the loan with bitcoin if it fiat price goes up. Don’t you have to sell btc to repay the loan then incur taxes?