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2026-06-15 17:40:12 UTC
in reply to

Taranis on Nostr: Bitcoin will be used as collateral for sure for the next while Even capital gains tax ...

Bitcoin will be used as collateral for sure for the next while

Even capital gains tax is a reason to use it

In Ireland CGT is 33%

If I LTV it at 50%, I’m only at a risk of losing 17% had I had sold it instead 🤷‍♂️ and it’ll probably be set up in a way that I can get my btc back as I pay it back

In an ideal Bitcoin world I think collateralisation will be dead but for now, especially in Ireland, I see no major issue with it