What actually happens when you borrow against your Bitcoin?
In this 12-minute video I walk through my first BTC-backed loan with @hodlwithLedn: why I took it, how it works, and why LTV is the number that matters most.
Not financial advice, just my experience.
How many people want to use their bitcoin as collateral?
@hodlwithLedn's commissioned survey found that 88% of crypto holders in the U.S. and Australia would consider borrowing against their digital assets, but only 14% currently do!
What's holding people back? Not the tech.
Honoured to have shared the stage with @adamreeds@TheBitcoinConf to break down how we're going to grow the bitcoin-backed loan market to $1 Trillion.
Our keynote: The Trillion Dollar Bridge: How Bond Markets Will Fuel the Bitcoin Credit Revolution
https://t.co/AOsh6E9T3G
@BenjaminNorton Che Beijing Benny, back in the 90s we got paid 10% of our salary in Argentina with luncheon checks. Do your research, this is nothing new.
JUST IN: S&P Global Ratings has assigned a preliminary BBB- credit rating to a Bitcoin-backed loan securitization product from Ledn (@hodlwithledn).
If finalized, this would become the first ever investment-grade Bitcoin credit product in history.
Bitcoin is entering institutional credit markets.
Traffic from Google to publishers’ websites collapsing. Why? AI Overviews. No reason to give Google scraping access if they’re not giving you back traffic in return. https://t.co/WWZnffVWUP
Maduro, Bitcoin & a $60B Question
In this @Unchained_pod episode, @cryptonomista and @JraissatiJorge join @laurashin to dissect:
👀 Rumors that Venezuela is sitting on a secret $60 billion Bitcoin stash
❕️ The critical role played by Bitcoin and crypto for Venezuelans under Maduro
🤔 How the crypto industry could shape the future of Venezuela
https://t.co/cMOz43Lpn1
VENEZUELA: A Venezuelan mother and her son disrupted a paid far left pro Maduro protest in Puerto Rico, saying they have waited 26 years for this moment. Her son added that there was not a single Venezuelan among the Maduro supporters.
@ChrisForPA deluzional. You all even read the statements off a teleprompter, doubling down on a broader conspiracy that clearly puts your politics before country. Spin all you like, but that was Sedition, I think you made a mistake. Thank you for your service.