Callum on Nostr: Yr point is well made but so also is the response by deeznuts It's possible to safely ...
Yr point is well made but so also is the response by
deeznuts (nprofile…yrrr) It's possible to safely and privately borrow against BTC collateral by using a non KYC platform such as @
hodlhodl (nprofile…j0e3) and by maintaing a very conservative LTV ratio that would keep you safe from a margin call against most conceivable flash crashes (eg it's very unlikely we would see a crash to below 30K now). Also, only borrow against a small fraction of your BTC that you can afford to lose even in the very worst event (eg only borrow against 1% of yr total).
Published at
2025-05-08 00:54:30Event JSON
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"content": "Yr point is well made but so also is the response by nostr:nprofile1qqsg4mwgw9sgr8jfpjcpv2ktmry6ymteuc7mwn6mrdje8yqjjf987pgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9thwden5te0dp5hxapwdehhxarj9ekxzmny6tyrrr \n\nIt's possible to safely and privately borrow against BTC collateral by using a non KYC platform such as @nostr:nprofile1qqszw0ncsrfc6wd8lv3cal8cj4apkke8aqv3y75ys05h2st2p2g035sprpmhxue69uhkzum5wfskctnwdaehgu3wd3skuep0qythwumn8ghj7cnfw33k76twv4ezuum0vd5kzmp08wj0e3 and by maintaing a very conservative LTV ratio that would keep you safe from a margin call against most conceivable flash crashes (eg it's very unlikely we would see a crash to below 30K now). Also, only borrow against a small fraction of your BTC that you can afford to lose even in the very worst event (eg only borrow against 1% of yr total).",
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