$GLOW
Fading QuicklySnapshot Window: 2026-07-09 20:20 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 12, Retweets: 0, Likes: 13, Impressions: 64
Verbatim Community Citations & Social Evidence 1 source posts analyzed
#Bitcoin was built to remove the need to trust anyone Bitcoin loans can put that trust back in someone else's hands And when things go wrong, you don't get a vote [Spoken audio]: I really recommend against people taking Bitcoin loans. I used to advocate for them a little bit about three years ago. The problem with Bitcoin loans is you give your Bitcoin to someone else, to the lender, even if it's locked in a two or three multi-stake, it's still risky. I think one of the ways that the financial complex will confiscate people's Bitcoin and good Bitcoiners Bitcoin is that it will engineer a price crash or a flash crash. And to the extent that you have all that Coinbase, the sailors accumulated a Coinbase custody to enable them to do this, they'll crash the price and I would ask people of loans what what would what are you gonna I think I asked this in my video this morning what are you gonna do if Bitcoin goes down to $5,000 and just spends 12 hours that 12 hours 24 hours 36 hours at $5,000 do you have the collateral to top up your Bitcoin loan or you're gonna be liquidated so I think Bitcoin loans are extremely dangerous they're a way of people sort of living beyond their means and trying to have their cake and eat it too
