BorrowOnBitcoin on Nostr: Jamie Dimon called bitcoin a "pet rock." His bank is now exploring loans against it. ...
Published at
2026-08-15 16:30:50 UTCEvent JSON
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"content": "Jamie Dimon called bitcoin a \"pet rock.\" His bank is now exploring loans against it. The terms: 30 to 50% haircut on collateral. Worth knowing before you assume retail borrowers get a better deal.\n\nhttps://yellow.com/newyork.html/news/jpmorgan-eyes-bitcoin-backed-loans-despite-ceos-crypto-skepticism",
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