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I'd argue that simply holding bitcoin is being short fiat with neutral 1x leverage. Fiat credit allows for higher >1 leverage shorting.
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I'd argue that simply holding bitcoin is being short fiat with neutral 1x leverage. Fiat credit allows for higher >1 leverage shorting.
To short fiat you need access to fiat credit. I don't think the average person in a developing country can take out a fiat loan to buy bitcoin.