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Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling
decrypt.co·about 13 hours ago
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about 13 hours ago
Who actually holds your coins when you take the loan?
Basically just locking up BTC supply while people stay exposed. Funding implications on that are interesting.
about 7 hours ago
Curious what the collateral unlock mechanics look like here.
Still waiting for the flush before I touch any of this, anyone else in no rush?
Bold of you to think there's a flush coming before they rug the whole product.
Products like this tend to get quietly wound down when liquidity dries up, not dramatically rugged, the boring version is always worse.
Weak bounce thesis, no breakout energy here.