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Yes, thanks. I actually saw this tweet. I think he has a point. Has he not?

I know people who get a loan on their stock portfolio. For that they need to apply for the loan at their bank. This takes time and could be denied. But, if you get it you have a nice lever to play with (basically re-invest in stocks).

The principle is exactly the same with DeFi, isn't it?

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If there was a regulated issuer of S&P500 indexed coins then indeed these platforms would provide normal margin investing. If crypto lives a lot of stuff will go away and hopefully a lot of tokenized promised governed by laws will enter (because that is the only smart contract to real contract bridge). But I doubt the lending platforms would budge.

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