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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (166429)12/27/2020 4:50:16 AM
From: TobagoJack  Read Replies (1) | Respond to of 218633
 
JPM can keep loaning at that rate as long as BTC going up faster, and the customer would be buying BTC from wherever, only depositing w/ JPM in its custodian role

In the example I gave, the customer's BTC at JPM would always be the 1 BTC deposited / entrusted to JPM, and customer never sell it until kingdom-come

When the kingdom comes, either JPM stops w/ the loan program when BTC stops rising, or the customer passes on, (better math in the latter case), the customer's heir would inherit the BTC at stepped up basis just like any other financial asset, and carry on the tradition. The BTC was and would never be sold.

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In the event that JPM makes a market, the math would be different, but can be worked out