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Explain to me why anyone would take a loan on one of the most volatile assets? Looks like the digital payday loans. nostr:nevent1qqs9v2j3dc5ee6xh92qy5w8wu66wlg4sxdljsujpyur5unu2u3rm49g2xheet

🥲

If Bitcoin was really the collateral in a Bitcoin loan you wouldn't get a margin call because the $ value of the coin dropped. It's a fiat loan by proxy. nostr:nevent1qqs9v2j3dc5ee6xh92qy5w8wu66wlg4sxdljsujpyur5unu2u3rm49gzyp3adxfjnkuw8ptf7fvfk63657c0yvwweqa80z0znu9rjeuph47hyqcyqqqqqqgps5uxu

Loan at the top is not the way to go

Guess we are not quite there yet. 🤷🏼‍♂️ Luckily I can still do privatized banking with fiat. nostr:nprofile1qqs0lk85lzyctz5n2mpnlfkeqpz5lhdu4ng3vyg3jjlz9zjsxt7guuqppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsgy9rje

You’re a pedo