Post
Topic
Board Trading Discussion
Re: bitcoin loans
by
notlist3d
on 24/07/2015, 05:26:02 UTC
People need loans (bank loans atm) to live. To buy a car, a house, school, etc. Our society only works with loans.

So, if bitcoin becomes HUGE, how will the bitcoin loans work?

There are already a lot of bitcoin loans.  AVOID them at all costs.  Sadly a lot of people default which means you do not get your  money back.

And you have to go after them legally, and they might not even be in your country.   Its just a hard time collecting if they default.