-
@ 8154c954:4aee14b8
2025-05-07 15:10:53
Not crazy high in comparison to other fiat loans out there. Yes, way higher than the 6-7% on a mortgage but way lower than credit cards. Pretty much in the ballpark of HELOCs or fixed 2nd loans people take out on their homes to get some cash.
This market will improve as time goes by, it will be much more beneficial in the future.
I’ve been in fiat lending for over 10 yrs and Bitcoin lending is really exciting. It will open up a ton of doors for people. I’m not sure if CJ Konstantinos is on Nostr but he has some great takes on the subject.