> you can't use it widely and cheaply to transact and it's so volatile as to be ... | Hacker News

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		latchkey on Aug 9, 2022 \| parent \| context \| favorite \| on: Dusting “Attack” via Tornado Cash to Public Wallet... > you can't use it widely and cheaply to transact and it's so volatile as to be useless as the unit of account for anyone with more than a few thousand $ nw. borrow against it. transact with what you borrow.

cascada on Aug 11, 2022 [–]

Borrow what: fiat or other crypto? Transact - how precisely?

Give me an example.

latchkey on Aug 11, 2022 | [–]

There are a number of lending/borrowing protocols.

https://aave.com/

Supply wbtc, borrow usdc, convert to fiat, if you need.

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