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53 sats \ 1 reply \ @Undisciplined 18h \ on: 5 Thoughts On How A Bitcoin Backed Strike Loan Changed My Finance Habits econ
Since you're putting up full collateral, this is basically for the purpose of managing fiat cash flow, right?
It saves you the hassle of doing a bunch of BTC to $ transactions.
Correct. I tried getting on zero fiat but between the exchange slippage and tax burden it was more headaches and stress than what little benefit I got. Plus why use windfall fiat to pay off debt when you can buy Bitcoin use leverage and live the best of both worlds!
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