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2025-07-27 22:52:22 UTC
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freed0m on Nostr: BTC backed loans are backed by btc The loan is in fiat. So increasing btc price just ...

BTC backed loans are backed by btc

The loan is in fiat. So increasing btc price just improves your coverage ratio, doesn't affect your ability to repay.

The fact you can back a loan with btc improves liquidity, doesn't reduce it

2045 is a random date

fiat doesn't just "run out"