Post
Topic
Board Bitcoin Discussion
Re: Is it a good idea to use Bitcoin as collateral for cash loans?
by
minhkhoa
on 14/12/2020, 17:10:25 UTC
Fidelity recently announced that it is allowing btc to be used as collateral for its cash loans.

https://www.coindesk.com/fidelity-digital-to-accept-bitcoin-collateral-on-cash-loans-for-institutions

The view is very cool and new. When Bitcoin is seen as home, car, real estate, but in my opinion it is probably very unlikely that Bitcoin uses the technology that people know about Bitcoin too little. thus, it is difficult for people to trust and accept as collateral.