There are 1 billion dollars of BTC backed loans on Coinbase alone - /biz/ (#60630577) [Archived: 386 hours ago]

Anonymous ID: DrYxC0GO
7/15/2025, 12:50:18 PM No.60630577
IMG_8679
IMG_8679
md5: 7ce0a26e2c0d09fdd1a4faf28561fbdd🔍
regulators are right, crypto is becoming a danger the global financial system
nothing this volatile should be allowed to be used for credit creation in an economy
Replies: >>60630580 >>60630601 >>60630628 >>60630662 >>60630668 >>60630731 >>60630779 >>60630798 >>60633600
Anonymous ID: 2pkUlq2L
7/15/2025, 12:51:27 PM No.60630580
>>60630577 (OP)
too late lmao
this will be ftx all over again
Replies: >>60630641
Anonymous ID: 8lDn554Y
7/15/2025, 12:55:57 PM No.60630601
>>60630577 (OP)
>regulators are right, crypto is becoming a danger the global financial system
good
Replies: >>60630634
Anonymous ID: /4PoyAf4
7/15/2025, 1:04:55 PM No.60630628
>>60630577 (OP)
the prophecy persists
Anonymous ID: gB3FDijk
7/15/2025, 1:07:22 PM No.60630634
>>60630601
Agree. I hope it blows all up. Popcorn is ready.
Anonymous ID: 4Wtz/aek
7/15/2025, 1:09:16 PM No.60630641
>>60630580
Hopefully, I hate those fractional reserve Jews like nothing else.
Anonymous ID: Qe9gR4UG
7/15/2025, 1:09:49 PM No.60630642
more collateral than loans, safe
Anonymous ID: 3OzdqfO0
7/15/2025, 1:15:28 PM No.60630662
>>60630577 (OP)
Another problem created by usury
Anonymous ID: 0wzCaxxt
7/15/2025, 1:16:11 PM No.60630668
>>60630577 (OP)
I don't understand the point you're trying to prove.
Replies: >>60630732
Anonymous ID: O/RmW7NE
7/15/2025, 1:27:22 PM No.60630731
1737395895318188_thumb.jpg
1737395895318188_thumb.jpg
md5: e644edbf9b3c23d5cb3d7b7a1b3d7585🔍
>>60630577 (OP)
I have 1 Bitcoin, how big of a loan could I get? I make $140k/yr
Anonymous ID: DrYxC0GO
7/15/2025, 1:27:47 PM No.60630732
>>60630668
there's a reason why institutions that are allowed to create credit (like banks) are regulated and so is the collateral they are allowed to issue credit on (like real estate)
Anonymous ID: dGizMFNh
7/15/2025, 1:41:56 PM No.60630779
2A645D71-798E-4BFB-931B-B2965FCCCAC4
2A645D71-798E-4BFB-931B-B2965FCCCAC4
md5: 431edb8e13ac24ad6fb65d95d9c06446🔍
>>60630577 (OP)
Lol.
Anonymous ID: PU7ldMJ9
7/15/2025, 1:45:47 PM No.60630798
>>60630577 (OP)
Kek this will make the volatile asset even more volatile
Anonymous ID: 6gLVs3HQ
7/15/2025, 1:58:01 PM No.60630862
1B is a drop in the ocean of global capital.
Anonymous ID: 3srUaVXd
7/15/2025, 8:02:05 PM No.60632875
download
download
md5: 45e7ac3ec10949e307e89c0d9eff4221🔍
ETH is immune to this, DeFi has no fractional lending, BTC will the the only coin liquidated.
Anonymous ID: QxPcBcpD
7/15/2025, 10:32:39 PM No.60633600
>>60630577 (OP)
where is the issue
credit is being backed by value, and 50% is very low LTV