Borrowing Against Bitcoin: Smart Strategy or Huge Mistake?
Borrowing against your Bitcoin is one of the most controversial ideas in the Bitcoin space. Some say it’s reckless, others say it’s one of the most powerful wealth-building strategies ever created.In today’s video, we break down exactly how Bitcoin-backed loans really work — the trade-offs, the math, and the risk factors you need to understand before ever putting your Bitcoin up as collateral. We cover LTV ratios, interest rates, term lengths, fiat debasement, and the wealth strategies the rich have used for decades.
At the end, I also explain a new solution we built at Blockware that lets you borrow against your Bitcoin safely while potentially reducing your tax bill to zero.
👉 Learn more about TaxShield: https://www.blockwaresolutions.com/taxshield/
(Borrow against your Bitcoin → use the capital productively → depreciate mining hardware → potentially eliminate federal income tax)
Follow us on X:
Mitch: https://x.com/MitchellHODL
Blockware: https://x.com/blockwareteam
Timestamps:
00:00 Different Types of Debt
02:15 Good Debt
06:52 Worst-Case Scenario Example
10:12 Mining as a Lower Risk Borrowing Strategy
16:56 Tax Shield Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to Borrowing Against Bitcoin: Smart Strategy or Huge Mistake?
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
