Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks 
If you see the interest rate on BTC loans, then it makes little sense to take loans. The only situation I can think of where I would take a loan like this if I don't have access to wallet and need some payment done urgently in which case it will be a few hours to a day loan.