So where this makes sense to me is not a “pay your bills” strategy. With that strategy, you’re exchanging a credit card for a loan using your bitcoin as collateral. If you pay off your loan every month, cool - little to no interest. But your coin is still at risk, however small. Use your credit card.
Now, where this DOES make a lot of sense is taking any remaining emergency fiat savings you have, putting it all in bitcoin, and let the CAGR do its thing. And if you need cash, quick, you use this loan. Buys you time and lets you get completely out of fiat without much risk if you need fiat.
📝 27e69a71…