RefCell<T> uses Rust's lifetimes to implement 'dynamic borrowing', a process whereby one can claim temporary, exclusive, mutable access to the inner value. Borrows for RefCell<T>s are tracked 'at runtime', unlike Rust's native reference types which are entirely tracked statically, at compile time. Because RefCell<T> borrows are dynamic it is possible to attempt to borrow a value that is already mutably borrowed; when this happens it results in thread panic.