https://www.cantor.com/cantor-fitzgerald-to-launch-bitcoin-financing-business/
I dearly hope so, for the mini-Michael Saylor in me wants to go absolutely bonkers and smash the risk-o-meter!
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https://www.cantor.com/cantor-fitzgerald-to-launch-bitcoin-financing-business/
I dearly hope so, for the mini-Michael Saylor in me wants to go absolutely bonkers and smash the risk-o-meter!
Very interesting. Just remember that the market can stay irrational longer than you can stay solvent.
Im hoping that I can one day lend a part of my stack, but I'm not dirty of lending myself to increase the former either, although increasing it without the risk of losing the bet sure seems more comfortable. 😜
Interesting. But will you have to give them your private key?
I doubt it, probably a Multi-Sig, we'll see.
Multi-sig? That is almost as good as giving your private keys away.
Just a guess, we'll see what things look like in a few years, I guess.
Maybe we'll see unchained loans return to retail, or at least better rates on commercial loans.
Absolutely, but the way I see it, the above bank would be the "zero-to-one" moment, and what follows after, well, you know. 😜
Sooner or later, it'll come.
This is just another way for the banks to get your bitcoin if you arent careful. Do you think they are there to help you?
They're there to make profit off of it, just as I'd like to profit off of their service; after all, that's what exchanges do, too.
Although you have to be careful, both can benefit you.
There might come a time when they return your bitcoin in fiat instead of the bitcoin that you put in. Like for like, as they say.
Just like comex dose
Well...you have heard the stories of comex. How many times have they given fiat even though the person wants the metal delivered? They arent storing much. Its probably an empty vault.
Oh someones going to have to learn about bitcoin leverage the hard way, I wait in anticipation of those margin calls
I was in person at this part of the conference, there were so many people booing this tether fiat maximalist.
it's a trap
No, now, they all will come up with such plans like loans, reserves, guarantee of freedom etc. etc.
These are interesting times. We must safeguard our stack from these imposters in Banks and politics!
if this happen it will be good for bitcoin user like us. wont it
Show my stack to the government, pay CGT and risk losing it? No, thanks.
https://www.lendasat.com/
Keepin' an eye on that one too!
Before the moment of these innovations comes, a lot of time will pass. And everything will be changed a thousand times.
What bitcoin is going crazy right now It's good for us isnt it
This is interesting! How are they going to do it? Will it be similar to Gold Loan?
Afaik, they'll take bitcoin as collateral, just like gold.
yay! Usury!
What are the rates?
Cantor Fitzgerald caters to the big boys. This loan thing is likely to have enormous minimums. Out of my league, so I stick to 18 month 0% loans from my credit cards to finance my mini Saylor dreams.