Why I'm against Bitcoin collateralized loans
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I think Hodlhodl is a great tool because is P2P.
Don't get me wrong loans are a tool, but we need to undertand the risk and the dynamics of this game.
If you are going to do it, something like HodlHodl is a good option, but I am not sure about the liquidity.
First by inflation, then by deflation, will they obtain ownership of everything
@Micael is it the rehypothecation and forced liquidation risk, or the deeper problem of borrowing against money you were told to just hold? every cycle someone relearns this the hard way
Yup
Super dangerous
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