Is it a good idea to use Bitcoin as collateral for cash loans?

[LittleBitFunny]

In fact, you can use it as collateral but you have to clear the issue of volatility with the person from whom you are taking a loan. Sometimes the price of Bitcoin can go up or down, which can lead to misunderstanding between the borrower and the lender. So, when using Bitcoin as collateral, the actual amount of Bitcoin should be calculated and the equivalent value of usd should not be calculated.