> With fiat interest rates at record lows, why not borrow fiat instead and use it to buy crypto?
I just had a look and compared Gemini's calculator of lending, compared to Zopa's (UK p2p lender) calculator and, for a £10k loan, you'd be paying ~£500 in interest at Zopa (~14% APR), where Gemini claims you'll be getting $1.7k in interest (based on $11k lent and Filecoin's ~7% interest).
My guess is Gemini's calculator is either purposefully or accidentally broken, or I'm missing something.
I just had a look and compared Gemini's calculator of lending, compared to Zopa's (UK p2p lender) calculator and, for a £10k loan, you'd be paying ~£500 in interest at Zopa (~14% APR), where Gemini claims you'll be getting $1.7k in interest (based on $11k lent and Filecoin's ~7% interest).
My guess is Gemini's calculator is either purposefully or accidentally broken, or I'm missing something.