If Bitcoin was really the collateral in a Bitcoin loan you wouldn't get a margin call because the $ value of the coin dropped.
It's a fiat loan by proxy.
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@npub1cn4t...3vle can you disable the margin call feature 🫡
Well said. What’s the difference between paying 15% cap gains vs 17% interest?
At least if I sell I get the full value of what I sold for.