Bitcoin Is Superior Lending Collateral – Bitcoin Journal

That is an opinion editorial by Max Keidun, the CEO of peer-to-peer bitcoin change Hodl Hodl.

The bitcoin lending area has suffered from a number of main points in current months and years, from the fallout of the Terra/Luna crash, impacting Celsius and BlockFi, and now FTX as effectively, to liquidity crunches given the sustained worth drawdown, various accusations of market manipulation and extra.

All of those have led to important losses, bankruptcies and a whole reshaping of the lending market. Many customers have misplaced religion in bitcoin-based lending merchandise and the market seems to be at its historic backside, each by way of volumes and public confidence.

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