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@ Jordan
2025-05-07 18:18:11
While I agree it’s probably not the wisest use of your Bitcoin, this is clearly the direction the financialization of the asset is heading.
If you’ve got $2 million in Bitcoin in the 2030s and decide to post $400k as collateral to borrow $100k, you’re likely going to be just fine even if there’s a major drawdown.
That’s assuming, of course, you’ve also got other assets in place like a 401k, cash, equities, a home, etc.
This isn't for your everyday pleb (like most of us), at least for now.