
It seems counterintuitive, but offering a RLOC against Bitcoin collateral would likely yield more return than offering only lump sum loans. 1. RLOC's are inherently more attractive to HODLers because they pay interest only on what credit they've used. The volume of RLOCs would be so much higher than lump sum loans that those offering the credit would make more yield than offering only lump sum. 2. RLOC's are the missing pieces in many HODLers #FIRE plans. It makes more sense to sell and keep cap gains taxes negligible (spend under 96k for a married couple) than to take the interest hiit on a 100k loan while dealing with liquidation risk in a bear market. 3. As a consequence of more HODLers taking out RLOC's rather than selling, BTC trades higher and perpetuates more HODLers hitting FIRE and taking out even more RLOCs. , y'all got connections. Can you plant the seed with the big wigs?