Bitcoin Can Be Super Collateral If Lenders Understand Its Value

[Google News Bot]

The frequent implosion of crypto lending platforms is rooted in their mismanagement and failure to respect bitcoin’s true value.This is an opinion editorial by Max Keidun, a contributor to peer-to-peer bitcoin trading and lending platform Hodl Hodl and CEO of Debifi.The bitcoin lending space has suffered from several major issues in recent months and years, from the fallout of the Terra/Luna crash, impacting Celsius and BlockFi, and now FTX as well, to liquidity crunches given the sustained price drawdown, varying accusations of market manipulation and more. All of these have led to signific ...

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