Unchained Capital: Borrowing Against Your Bitcoin Multisig Vault
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- čas přidán 9. 07. 2024
- Today we explore Unchained Capital which enables individuals and businesses to create Bitcoin multisig vaults and borrow fiat against Bitcoin as collateral!
The other video I referenced: • Borrowing Against Bitc...
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Timestamps:
0:00 Video Intro
1:59 Overview to Borrowing Against Bitcoin & Unchained Capital
11:41 Unchained Capital Walkthrough
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#bitcoin #unchainedcapital #bitcoinloans
Materials Referenced:
unchained.com/
unchained.com/blog/ultimate-g...
unchained.com/states_we_lend_in/
None of this is financial advice. Do your own research.
You= Morpheus, me= neo, this content = the karate program.
(the matrix)
LFGGGGG 👩💻💊
We talk soon... Already making progress over here. 😉
Thank you for the upload!
Take care everyone
Ian, you did an excellent training job thank you so much
Appreciate the feedback, and glad you found this valuable!
Lol. BTC price was 67 862 in this video. 😮
Fun times!
Bitcoin is deflationary and therefore does not requires loans and gambling like its reverse twin called fiat.
If you’re an entrepreneur looking to raise capital to start a business, how are you going to do it? I agree that I’m sure we will see much more equity financing vs. debt financing in a bitcoinized world, but pretty unrealistic to believe there would be literally no debt financing imo
2023 Long-Term Capital Gains tax for most with income between $44k and $492k, is only 15%; Unchained top interest rates are 14%, with a lot of extra trouble invoved, KYC, wait-time, etc. Just take profits during bull runs on long term positions (Held 1 yr or longer). Done.
Depending on your situation, current/future liquidity needs, and disposition, I could see an argument made for either strategy. While above makes sense, I suspect in practice a lot of people won’t have the discipline + timing to pull it off and could end up chasing their former stack size like Eric x.com/vivek4real_/status/1724743714277576769?s=46&t=FY_o4CV6fruf1w2-eEIzLQ
15% is federal, then u have state capital gains, then Obamacare tax so its more like 25% or more in total capital gains
How much do you trust unchained ?
They have a strong ethos and reputation, so I trust them more than most. With that said, they are of course still a 3rd party and so there is always risk there. I do appreciate that you can leverage their tools with just your own keys, and they've also made Caravan open open-source which is nice.