Uncollateralized debt traps you in fiat's vicious cycle, chasing paper forever debased. #Bitcoin fixes this. Bitcoin-backed loans are a HODLer's dream.

Clipped from my latest conversation with @PrestonPysh. Thanks for having me, brother!

Explore how Bitcoin transcends gold as a safeguard against inflation and central bank policies. ‘Bitcoin Nation’ delves into the essence of sound money, offering insights into financial sovereignty and the limitations of fiat systems. Discover why Bitcoin is superior to gold.

Yes, fiat debt traps you—but not because it lacks collateral. It lacks character. #Bitcoin fixes the denominator, not the discipline. Collateralized or not, debt always asks: Who owns the terms? Who holds the keys? Bitcoin-backed loans aren’t a HODLer’s dream—unless they preserve sovereignty on both sides of the trade. Otherwise, we’re dressing fiat in orange and calling it freedom.

What if you take out a loan at the cycle top @jackmallers?

Great news. BUT! Definitely not for everybody. If you can't come up with the repayments from other sources of income, think twice before giving any company your btc as collateral.

Question: if my collateral goes up in value will I be able to borrow more against it? Currently on Coinbase through morpho I can not achieve this. They want me to add more collateral. Also can I pay down/off the loan with my appreciated collateral?

He is awesome and his posts are great @dwi_dwimaharani 🌻 👍 💼 🌹 🚀 🎈

bitcoin defi unlocks this

Let’s go #Bitcoin 🔥

yeah but wht do you do with borrowed money at 10%, 5% i'm not trolling brother. it's the only option trying arbitrage yield rates by putting the borrowed money into something that can "earn more/pay more" than the repayment interest rate?

Uncollateralized loans: a system rigged to keep you down. $BTC ’s the cheat code