Post
Topic
Board Economics
Re: I dont sell my assets i borrow against them
by
Dunamisx
on 19/08/2023, 14:24:05 UTC
By borowing against assets it's great way to benefit owning assets without selling them.

I don't support having the option of lending as an alternative to securing your investment by avoiding the release due to the current market trend going dip, maybe to me lending is just another way of getting self into debt without having a way of recovery against it.

It's not secret that "financial people and bankers " in the west use btc as collateral for the Loans before BTC it was gold used as collateral but since btc started the borrowing process against assets it's a lot more easy now.

The best collateral are BTC and best money are USDT.  

There's more to why people preferred bitcoin over every other forms of financial asset because they have seen the volatile pattern to be of a good advantage to them than any other form of currency in business analysis.