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Yes, I would file that use case under leverage: https://news.ycombinator.com/item?id=33620143 https://news.ycombinator.com/item?id=33620143 If you use your cr
by JonathanBeuys 4y ago
Yes, I would file that use case under leverage:
https://news.ycombinator.com/item?id=33620143 https://news.ycombinator.com/item?id=33620143
If you use your credit to buy USDC or some other asset, in any case, you are taking on more risk.
But I would not say it is not for tax prevention. How do we know for which of the two reasons users use lending platforms?
- sshine 4y ago> I would not say it is not for tax prevention. How do we know for which of the two reasons users use lending platforms? Debt is a classic way to prevent tax, but that there are also other reasons to take on debt.