When will it be safe to borrow against Bitcoin?

Question from Patreon member: When (and possibly where) will it be safe to borrow against our bitcoin - if ever?
Recording date: August 6, 2023
#iaclips #investanswers #bitcoin #borrowagainstbitcoin #bitc

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[khurshmian]

Would like to see more content exploring this buy, borrow, and die strategy with bitcoin.

[Joe]

I would be wary of any lender who rehypothecates your btc like BlockFi did

[bestudante]

I would only borrow to a bank who could create an audited smart contract that would lock the btc in my wallet.

[ronatola]

I would only do it if self-custody, but not sure if that will ever happen. Maybe in escrow?