Bitcoin is a Black Hole to the Global Banking System w/ Peter Dunworth
Blockware Podcast
00:00
Bitcoin and Credit Borrowing
In the next 10 years we believe that you'll be able to put up a Bitcoin and borrow money from them. If you borrow a low enough amount maybe less than 15% rather than having a 0% interest loan they will actually pay you to take money from them which is a strange thought but it's something I haven't wrapped my head around yet. There's no form of better collateral than Bitcoin for a whole host of reasons that's probably a whole nother pod. We think Bitcoin is the pristine collateral there's no other collateral that comes close to Bitcoin on earth. It poses the question is Bitcoin a currency or is it property if you listen to Bikkeli he tells you
Transcript
Play full episode
