I personally don't like the idea of borrowing fiat against Bitcoin, though it may seem clever—hold your BTC, unlock some liquidity, and avoid triggering a taxable event. But underneath the surface, this mindset is a subtle trap. It keeps your mind and actions anchored in the fiat system and delays your transition to a truly sovereignty-based economy.

When people borrow fiat using Bitcoin as collateral, they’re saying something quietly dangerous: “Fiat is still the real money.” They’re treating Bitcoin as a savings account, not as a usable medium of exchange. This is not how you build a Bitcoin circular economy. It’s how you stay enslaved to the fiat one.

If Bitcoin is freedom money, why should anyone tie themselves to enslavement currencies?

Borrowing fiat means you now owe debt in fiat terms. This forces you to keep still living in the fiat world.

Bitcoin isn't just for holding—it's for spending, earning, and saving. The sooner people start treating it as their unit of account, medium of exchange, not only store of value, the faster we exit the fiat system.

Spending Bitcoin doesn’t mean you’re being reckless. It means you're actively using the better money. You're rejecting the old system and participating in the new one. That’s how we bootstrap circular economies—by spending Bitcoin and accepting it in return.

Imagine you're on a sinking ship (fiat) and you’ve just found a lifeboat (Bitcoin). Why would you tie your lifeboat to the sinking vessel? That’s what borrowing fiat against Bitcoin does.

Bitcoin is not a means to access fiat.

The future isn’t Bitcoin-backed fiat.

The future is Bitcoin.

Period.