Damus
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Taranis · 1w
I think you’re getting at the heart of the issue of the controller vs the individual Fiat has some advantages if the people using it are smarter than those who aren’t ~ sometimes being controlle...
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Quantoshi.xyz @drgo
My biggest fear is that people will perpetuate the old system, as @Jeff Booth would call it, by using Bitcoin as collateral…it’s hard to reconcile what I think is an inherent conflict between perpetuating the paper money system by using bitcoin as collateral for a loan and hoping fiat debasement continues…

I want to be wrong here…but it doesn’t seem like just sell bitcoin if you want to buy something is the right answer either.
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Taranis · 1w
Bitcoin will be used as collateral for sure for the next while Even capital gains tax is a reason to use it In Ireland CGT is 33% If I LTV it at 50%, I’m only at a risk of losing 17% had I had sold it instead 🤷‍♂️ and it’ll probably be set up in a way that I can get my btc back as...