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0 sats \ 1 reply \ @bzzzt 30 Nov 2023 \ parent \ on: Loaning bitcoin to family - bad idea? bitcoin

But youd give this bitcoin to your brother, then hed liquidate it and have to pay you back in btc terms ? Instead of just liquidating it yourself, then making him the fiat loan ?

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0 sats \ 0 replies \ @HardRich OP 30 Nov 2023

If I liquidate I’d pay cap gains. I’d also lose my stake in bitcoin - so I’d miss out on any price rally.

Based on other comments, seems the best is to use something like Unchained Capital to get a loan with my Bitcoin as collateral, while my bro pays back Unchained.

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