2min chapter

The "What is Money?" Show cover image

Intricacies of The Gold Standard | The Twilight of Gold Series | Episode 6 (WiM153)

The "What is Money?" Show

CHAPTER

I Would Not Borrow Against My Bitcoins to Fund Current Spending

"I would not borrow against it to fund current spending," he says. "If you've got, you have a very huge bit coin stack, and you want to buy your dream home by borrowing ... then maybe that's a better route than selling it." The market isn't quite mature enough for the lending of bitcoin in a trustminimized way at this time,. but i think loaning out your bitcoin or borrowing against it for a productive enterprise is fantastic.

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