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@ SimplifiedPrivacy.com
2025-05-07 13:05:58
Just so you are aware, the downsides of borrowing fiat against Bitcoin are:
a) It’s back to KYC fiat banking, and NOT a circular economy
b) Bitcoin becomes more volatile, as everyone is long on leverage
c) The volatility makes it harder to price goods/services in sats. And forces pricing in USD
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