You can now borrow $60,000, with an annual interest rate of up to 7.5%, and then buy 1 Bitcoin.
After 10 years, you will owe the bank $105,000.
What will the price of Bitcoin be in 10 years? Easily reaching between $500,000 and $1,000,000.
This translates to a profit of 5 to 10 times for free.
In the worst-case scenario, if the price of Bitcoin is $100,000, you can still break even.
This is essentially free money. Don't overthink it.
After 10 years, you will owe the bank $105,000.
What will the price of Bitcoin be in 10 years? Easily reaching between $500,000 and $1,000,000.
This translates to a profit of 5 to 10 times for free.
In the worst-case scenario, if the price of Bitcoin is $100,000, you can still break even.
This is essentially free money. Don't overthink it.