Peter Licavoli ✌️ on Twitter: "They are only making 21 million #Bitcoin and If someone is over collateralized, by definition that means somebody is under collateralized, and by definition therefore somebody has bankruptcy risk, and it’s all gonna come unwound @CaitlinLong_ https://t.co/MBmB3Nq0tn @scottmelker https://t.co/wz3xhXhQYF" / Twitter

They are only making 21 million #Bitcoin and If someone is over collateralized, by definition that means somebody is under collateralized, and by definition therefore somebody has bankruptcy risk, and it’s all gonna come unwound

@CaitlinLong_

youtu.be/qeQscEzwa14

@scottmelker

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Peter Licavoli

@peterlicavoli

Jul 14, 2022

“One quick thing Dave. If you take a loan for your bitcoin. That means the real interest rate of that loan is punitive… it’s going to be staggering.” @JeffBooth #jeffboothtruth #whatjeffboothsays youtu.be/qeQscEzwa14

12:35 AM · Jul 14, 2022

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This only makes sense in the extreme scenario they’re all bitcoin are used as collateral for loans. This is very unlikely to happen. Bankruptcies would happen way before the system reaches that degree of leverage.

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