jack mallers on Nostr: borrowing against bitcoin isn’t for everyone, and it’s not a blanket ...

borrowing against bitcoin isn’t for everyone, and it’s not a blanket recommendation. it’s about optionality and having this service available to bitcoiners, which now have over $2T of wealth. if you believe bitcoin will appreciate over the loan term and you have a productive use for the capital you’re getting, it can be a strategic move. otherwise, holding and compounding bitcoin may be the better play. it’s not about forcing a high time preference, it’s about maximizing optionality without have to sell the asset.