Author

Topic: [POLL] Do you have outstanding fiat loans held in BTC? (Read 989 times)

legendary
Activity: 1904
Merit: 1002
I have student loan debt that I would be paying down more quickly if I wasn't dollar cost averaging into bitcoin instead.  Does that count?
legendary
Activity: 1400
Merit: 1005
Anyone who has any sort of debt is essentially taking out a loan to buy BTC if you choose to buy bitcoins instead of paying down that debt.
Valid point.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Anyone who has any sort of debt is essentially taking out a loan to buy BTC if you choose to buy bitcoins instead of paying down that debt.
legendary
Activity: 1400
Merit: 1009
Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.
Well-known variations include leverage, margin trading, and carry trade.
hero member
Activity: 882
Merit: 1005
Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.

Does that include those who have taken out BTC loans from other Bitcoin users?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Question is confusing. What does it mean to have a fiat loan held in BTC? Do you mean, "Has anyone taken out a loan in fiat in order to buy BTC?"?

Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.
legendary
Activity: 1400
Merit: 1005
hero member
Activity: 763
Merit: 500
I don't understand the question, like many others. "no" is just the safe bet.
hero member
Activity: 520
Merit: 500
Question is confusing. What does it mean to have a fiat loan held in BTC? Do you mean, "Has anyone taken out a loan in fiat in order to buy BTC?"?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Jump to: