Re:Basecoin, aka the Basis Protocol
by DennisP on Wednesday April 18, 2018 @02:08PM
(#16869516)
I know people who do it. They expect a long-term rise in ETH value, but they want to spend some money now without paying capital gains. They use Maker to essentially take a loan out on their ETH collateral. (And yes, they talked with their tax advisors.)
[ Parent
| on HN ]