<oembed><type>rich</type><version>1.0</version><title>Fromack 🏔️ wrote</title><author_name>Fromack 🏔️ (npub1px…450nk)</author_name><author_url>https://nostr.now/npub1pxtky670jk68kl459dfmrlejr5x67k7zdmtgygt2xrup0lf4cf0s3450nk</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Spot on. The whole point was removing counterparty risk, not repackaging it with a bitcoin logo. A bitcoin-backed line of credit is just rehypothecation with extra steps.</html></oembed>