BITCOIN-BACKED CYBERCAB Bitcoin can sit on the balance sheet and still go to work. Pledge 0.75 BTC. Keep it. Borrow $30k. Put a Cybercab on the road. Riders cover the interest. Surplus gets swept back into BTC. Year 1 base case: 0.75 still yours, still pledged +0.26 newly stacked $30k still owed You never sold. That’s Bitcoin as a productive asset. The coins stay. The cash flow stacks more coins. And that’s how Bitcoin takes transportation market share. Not by replacing the car. By becoming the reserve asset of the fleet. Every leftover fare is a bid. Scale that policy and passenger miles start settling into BTC. Model, not a forecast. $4k/mo gross · 30% network · $800/mo ops · Ledn 11.5% · $80k BTC · pre-tax Risk is unchanged: 50% LTV. A sharp drawdown and you post collateral or you get liquidated. Productivity is not a hedge. The fight is $2,000/mo net. Is Bitcoin just something you hold… or something you put underneath a cash-flowing business?