The original post: /r/bitcoin by /u/_IscoATX on 2024-11-15 03:11:28.

One of the arguments I see for BTC as an asset is that you can hold it indefinitely and take a loan with some percentage of it as collateral. Like you would with a home equity loan, or a stock portfolio.

Do any of y’all have any experience with this?

How does this work when you have no insurance from the lender (BlockFi crashing out). Is there a way to take these without “temporarily” giving your bitcoin away?

Or is it a matter of market adoption till it becomes a viable option?