Chris Liss on Nostr: If you bought the credit, you traded fiat for a promise in fiat. If you sold the ...

If you bought the credit, you traded fiat for a promise in fiat. If you sold the credit, you traded a promise to pay in fiat for bitcoin. How could the BTCTCs get margin called in that scenario? They seem to be at greater risk for a margin call in the event of dollar deflation.

quoting
nevent1q…re8p

If the entire global economy runs on “credit money” (money that is lent into existence) and the entire parasitic structure of debasement faced a margin call through Bitcoin in self-custody, then wouldn’t “digital credit” face that same margin call if Bitcoin remained decentralized and secure?