4 ms·
I don't think he would need to cash out. That is a simplistic view of money. He could leverage his asset to borrow money from the incumbent banking system at su
by brianbreslin 13y ago
I don't think he would need to cash out. That is a simplistic view of money. He could leverage his asset to borrow money from the incumbent banking system at super low rates as he uses his BTC stash as collateral. Then he could start diversifying his assets and buying cash-flow properties or other investments to generate even MORE money (whatever currency or form that may be).
- saraid216 13y ago> he uses his BTC stash as collateral Doesn't collateral require that you provide the ability to transfer ownership?
- jganetsk 13y agoIt is easy to do that. You just need a trusted third party, and you can set up a BTC contract.
- jganetsk 13y agoIt is easy to do that. You just need a trusted third party, and you can set up a BTC contract.
- jganetsk 13y agoIt is easy to do that. You just need a trusted third party, and you can set up a BTC contract.