Ledn Lianchuang: Before the emergence of Bitcoin, my most successful investment was short Bolivar

Odaily Planet News - Ledn co-founder Mauricio di Bartolomeo stated that before discovering Bitcoin, his most successful investment experience was shorting the Venezuelan bolivar, which was rapidly depreciating against the US dollar. He pointed out that as the dollar depreciates against Bitcoin, Bitcoin holders can now adopt a similar strategy by borrowing US dollars and holding more valuable Bitcoin. Through Bitcoin-backed loans, investors can effectively use a stronger currency as collateral. Di Bartolomeo believes this is similar to real estate, stock, and gold mortgage loans, forming a virtuous cycle. He also mentioned that the cryptocurrency lending market is growing, and Ledn is at the forefront of centralized financial lending. (Cointelegraph)