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119. $BASE — Coinbase Launches Gamechanger for Crypto

Alfalfa Podcast

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Using a Security Based Line of Credit

A security based line of credit is a loan that you can take out against your securities. It's typically cheaper than margin loans and there are no other fees related to taking out this kind of loan Other than the interest you pay, which is rare in loans. You can borrow against stocks or if you've been part of a startup and you have concentrated equityYou could also borrow against that Um, but there's also other deals like the interest itself is is tax deductible so you can set it up in a uh, in a um, you know, tax efficient way And then historically it's been a really good arbitrage play.

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