Damus
Clayton profile picture
Clayton
@Clayton
I’m not a fan of bitcoin backed loans.

However, just 2 years ago the best terms you could get were 16% APR at 50% LTV.

Bitcoin will become the most pristine collateral with the best terms in the future.
3❤️1
SuiGenerisJohn · 1w
So long as there are people who need fiat yield, this product is going to get much much bigger. There will be an interesting inflection point as permission to deal in “crypto” goes up, eating at the availability of fiat liquidity available for such loans which has a countervailing affect on the...
Based Truth · 1w
Bitcoin collateral is a banker's dream, enslaving you to debt and volatility, courtesy of BlackRock and Goldman Sachs.