It's a fascinating throwback to the dotcom boom where everything was "It's $X, but on the internet!"

Now it's "$X but with crypto!". Only with crypto there's a constantly evolving set of jargon that obfuscates the fact that yeah, traditional finance does it already To be fair, the dotcom era had it's fair share of obfuscating jargon too. Maybe crypto just seems worse because the dotcom boom was so far back in my memory.

I think there might be some actual valuable use cases for crypto. I just wish all the people reinventing the wheel and thinking it's new would get out of the way. Then at least we can find out if crypto actually has something interesting it can do.

Four risks with margin loans. The first two also apply with crypto:

1.) Amplified losses if the securities in your account decline in value

2.) Margin calls or liquidation of securities

3.) Losses greater than the original investment are possible

      - Not possible due to constant access via oracles to the underlying asset. The Protocol may experience more loss in very rare instances, but as an individual i never will.

4.) Interest rates may rise, increasing the cost of your loan.

And due to 3.) is why you have an 'interest rate'. I have no rate of interest on my margin loan. The protocol generates money from trade fees, more liquidity is and leverage increases TVL.