97. Bitcoin Strategy with Michael Saylor
The Bitcoin Standard Podcast
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Is Borrowing on Exchanges the Worst Thing You Can Do?
The real problem in the cryptol world is it could be yoyo coin levered up a hundred to one and force liquidated, rippling into eath. The interest rate is really secondary as whether or not the colaterals marked the market and forced liquidated on volatility. That's really the mater thing that'll destroy you. Byt the likelihood that bicoin will trade down 50 % am for one minute some time in the next five years is high. But the likelihood that it willtrade down 50 % and stay there forever is low. So i think if you can actually raise debt with a fixed collateral, right? I borrow money on a personal, non
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