Bit Coin Loans

Ivan tap idontwan: A lot of people are borrowing against their bitcoin, and they're going out and buying stuff. They don't necessarily have money to meet a margin call if they get it, because they've barrowed against their bitcoin. So let's sae you get a big drop in the price of bitcoin, 50 %. And now the margin calls go out. Maybe the exchange is shut down. Maybe it's like, oh, you dont kno anyoooitwe haes a. Gold is dam bi mit. My point. Ivan tap idontwa say the company, but i know a business that had billions of dollars of bit coin backed loans out

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