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Permanent Refinancing with Bitcoin-Backed Loans: Genius Idea or Dumb Move?

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A while back, I came across this video by Mark Moss talking about a clever Bitcoin refinancing strategy: basically, you hold onto your BTC stack while borrowing fiat against it to access cash without selling. Sounded like pie-in-the-sky stuff at the time – hardly any lenders out there, and it felt too good to be true.

Fast forward to now, and the landscape's changed big time! We've got solid options popping up like Firefish, YouHodl, Ledn, Unchained, and even some traditional banks dipping their toes in. Super intriguing, right? But it's not without risks – volatility, liquidation pitfalls, all that jazz. Still, I figured it was worth diving deep and modeling the numbers.

So, I whipped up this calculator to crunch the scenarios. It's all polished up: bilingual (English/German), comes with a built-in guide and FAQ to help you navigate. Feel free to poke around and run your own simulations: https://retire-on-bitcoin.com

Options like this are always a win in my book – knowledge is power. What do you all think? Anyone tried something similar? Let's discuss!

submitted by /u/robbiraptor
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