Bitcoin as Collateral
Bitcoin is both a store of value and money
Collateral
Navigating Bitcoin Financial Services: Insights into User Behavior and Preferences
A survey of 200 Bitcoin users highlights a strong preference for non-custodial financial services, with most participants valuing private key control, transparency, and protection against rehypothecation over lower costs. The majority are willing accept higher interest rates in exchange for security and autonomy, reflecting a mature understanding of financial risks.
Beware the CGT loan trap
With the growth of bitcoin collateralised loans, it’s crucial to know whether providing bitcoin as collateral could trigger a Capital Gains Tax (CGT) event. I nearly made this mistake myself. In this article, I explain what triggers CGT events and what you should check before using any service or product involving bitcoin collateral. Information and advice is general in nature and you should seek your own qualified professional advice in the jurisdiction relevant to you (blah blah blah)
