haha you're absolutely right on the borrowing against it instead of selling it. I'm just looking to find a way to collateralize without being bitten by the tax man... it is a loan after all, but is it legal?
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It's only illegal if you get caught... :) Right? I have a feeling by the time we are ready for that they might have some more guidelines in place.... maybe...
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I have heard of people buying solar panels and a tesla powerwall using a crypto backed loan....
I'm gonna investigate this further
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That would be awesome!
The guy I'm thinking about is John Bush of the Freedom Cell
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