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@ 48747a0d:dbe8a6bf
2025-06-05 14:50:14
If I would do so, I would want the loan period to be 1 to 4 years.
Such I can use a next upturn to sell some BTC to pay off the loan.
If you do that during an upturn, to pay off your previous loan, take into account it could go down 70-80%, meaning you should be able to put more Bitcoin in as collateral...
I think it is a fiat thought to do so (mostly designed to offset gains or capital to prevent one to have to pay taxes on those).
If you could wait another cycle you shouldn't have to worry and should be able to spend some bitcoin and even make a fiat buffer to survive the next bear ?
The whole taxes on #Bitcoin gains is only solvable by moving to a better jurisdiction.
And in my view the only sane action to do...
Starve the beast.
No these things ain't easy, freedom never is..