Great progress is being made
#bitcoin_loans Great article and illustration on the idea and concept of bitcoin lending. It certainly is progress in the right direction but are we there yet in terms borrowing confidence. The issue of security as it relates to custody should be paramount as their are inherent risks of losing one’s bitcoins under someone else’s custody. I would be more comfortable and safer purchasing USDT or USDC with my BTC and using that as collateral against a loan. Steps in the right direction for sure.
