DeFi should feel 'magical' for average consumers, says Coinbase product director behind new bitcoin-backed loans
The Scoop
Unlocking Liquidity: Bitcoin as Collateral
This chapter explores the innovative use of Bitcoin as collateral for loans, particularly for significant purchases like cars and homes. It emphasizes the advantages of Bitcoin-backed loans, including speed, cost-effectiveness, and the potential impact of decentralized finance on everyday financial services.
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