Hypothetical situation:
I deposit Bitcoin to borrow fiat against. I can’t see my deposited Bitcoin because it is mixed and sent to the relevant institution loaning me the fiat.
I then use that fiat to buy more Bitcoin.
The lending institution sell me more Bitcoin.
The Bitcoin I buy from them, I self custody.
When I inspect the Bitcoin I’ve bought, it turns out to be my original Bitcoin deposited in the institution in the first place.
mike
npub1aq…c237n
2025-06-04 21:30:02
Author Public Key
npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237nPublished at
2025-06-04 21:30:02Event JSON
{
"id": "38acd9736df1a33a9abda1646b301166c223230876befd48677673b68ef70c1f",
"pubkey": "e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b",
"created_at": 1749072602,
"kind": 1,
"tags": [],
"content": "Hypothetical situation:\n\nI deposit Bitcoin to borrow fiat against. I can’t see my deposited Bitcoin because it is mixed and sent to the relevant institution loaning me the fiat.\n\nI then use that fiat to buy more Bitcoin.\n\nThe lending institution sell me more Bitcoin.\n\nThe Bitcoin I buy from them, I self custody.\n\nWhen I inspect the Bitcoin I’ve bought, it turns out to be my original Bitcoin deposited in the institution in the first place.",
"sig": "c039ae5b76539e9a513214920f3fa0c2cae04ae520d6c81634087545de77632e4616b93613adbd53ab3aadd35e039717ddabc589a418f1e11f9a84eeb707fdd7"
}