Before Bitcoin, my most successful investment was shorting the Bolivar’ — Ledn co-founder Bitcoin holders can now employ a similar strategy by shorting the US dollar and holding on to the harder asset, BTC, said Mauricio di Bartolomeo.

“Prior to Bitcoin, my most successful investment was shorting the Bolivar with dollars,” di Bartolomeo told Cointelegraph in an exclusive interview at the Consensus conference in Toronto, Canada.

“I was borrowing Bolivars and buying dollars with them, holding the hard dollars and having a borrow [position] on the weaker currency,” he said.

The arrival of Bitcoin-backed loans means investors can now effectively implement the same strategy by using a harder currency as collateral.

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