Comte de Sats Germain on Nostr: That's if the borrower is rational and educated on how it works. But what if the bank ...

That's if the borrower is rational and educated on how it works. But what if the bank doing the btc collateralized loan wants to steal the btc and/or the home? In that case, they would try to loan to people who don't have the income to add sats in the event of a downturn.