I still don't understand how you pay back the loan. You would have spent all that fiat for living expenses. So then you need to sell BTC in the end.

Replies (2)

Stacky's avatar
Stacky 6 months ago
Correct me if I am wrong, but this assumes that there will always be someone who expected to give you a loan on your btc. And if you cannot refinance, you will have to sell, then tax hits.