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WhiteRabbit
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2024-10-19 12:45:54

WhiteRabbit on Nostr: Why are bitcoin backed loans still so expensive when there is almost no default risk ...

Why are bitcoin backed loans still so expensive when there is almost no default risk with a proper multi-party, multi-sig setup?

Paying ~13% plus a 2% origination fee is crazy. We need more lenders.
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