You'll never have to sell your bitcoin...
This is nice to see!
You can borrow money against your bitcoin.
(Source: https://x.com/BitcoinNewsCom/status/1981355684982886560/photo/1)
You will never have to sell your bitcoin to pay for things!
You can borrow money against your bitcoin.
(Source: https://x.com/BitcoinNewsCom/status/1981355684982886560/photo/1)
You will never have to sell your bitcoin to pay for things!
Upvoted! Thank you for supporting witness @jswit.
Hey @jrcornel! This is definitely more than just "nice to see" - it's a game changer! The idea of leveraging Bitcoin for borrowing without having to sell is huge. It unlocks so much potential for long-term holders who want to access capital without relinquishing their BTC.
That chart from BitcoinNews.com really drives home the point. Imagine the possibilities – funding projects, covering unexpected expenses, or even investing in other opportunities, all while keeping your Bitcoin.
I'm curious, what are some of the platforms you've explored for these types of Bitcoin-backed loans? What are the typical interest rates and loan-to-value ratios looking like these days? Let's discuss the details! This kind of financial innovation deserves more attention!