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@ BoomTown
2025-05-07 00:57:02
This is a natural progression for bitcoin. If bitcoin is going to act like “money” if it is “fuck you” money … perfect property rights, then a major method of monetizing that property is using it as collateral. Obviously it is riskier at this stage than it will be later but equity costs are 20%+ for small ventures.
Prudent use of leverage using bitcoin as collateral is 100% legit. Finding opportunities that will safely deliver 20%+ returns will be challenging, though.