You’re not. I was talking about this earlier and the reality is that if you don’t have a tremendous amount of capital the idea of rolling your loans over perpetually is not feasible. That said I support such loans because we want the products available.

You’re not. #thatssofiat

Pay the interest and refinance at the end of the year. Hope the price is higher.

Thank you.

You're not suppose to pay it back...

Going "zero fiat" for your monthly expenses is just LARP at the moment. If you're paid in fiat, pay interest in fiat. Save the rest in BTC. Keep it simple.

It’s annual not monthly with most platforms. Also - being on “zero fiat” and taking a “btc loan” is contradictory and makes zero sense.

Yes, if you pay interest monthly, you are on the wrong type of loan.

12 month bitcoin backed loans to people with ( probably ) very little cashflow and probably pretty poor are predatory. No one should be playing those games unless theyre rich af