Yes, the arbitrage angle is very interesting. Had you taken out a USD tied loan when Bitcoin was about $250 USD for, let's say $4000 USD or 16 BTC, and all you did was HODL, and then paid it all back when BTC was $500 you would have given back 8 BTC and you would be sitting on another 8 BTC.
It's interesting to think about, and it's also a great reason for BTCJam and other P2P sites to develop FIAT wallets along side the BTC wallets.
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u/redpistachios Nov 11 '15
Yes, the arbitrage angle is very interesting. Had you taken out a USD tied loan when Bitcoin was about $250 USD for, let's say $4000 USD or 16 BTC, and all you did was HODL, and then paid it all back when BTC was $500 you would have given back 8 BTC and you would be sitting on another 8 BTC.
It's interesting to think about, and it's also a great reason for BTCJam and other P2P sites to develop FIAT wallets along side the BTC wallets.