nycatx on Nostr: Gap insurance covers negative equity in the collateral in the event of damage to the ...
Gap insurance covers negative equity in the collateral in the event of damage to the collateral. Bitcoin as a commodity is different collateral than these types of loan products. I guess you could have insurance against the collateral being lost/stolen, but it would likely be unnecessary with multiparty custody via escrow contract
Published at
2025-01-03 01:20:32Event JSON
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