Quote from: MustafaJohnMing on August 20, 2015, 10:31:34 AM

Quote from: errornone on July 24, 2015, 12:14:44 AM

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?

Thats very interesting question. Who knows?
Bitcoin is unpredictable. Price today is undervalued. But it was overvalued. Taking a loan in bitcoins can be very risky if you cannot pay it back. You risk to lose your goods. It might be good for loan taker to take when bitcoin is high price and to return it when it gets low. Or to buy when it is low and to keep it when it gets back up so return then and looks more human like.

yes I agree, today is not a good day to lend some bitcoins since price of bitcoin is unstable
just imagine if last i borrowed 1BTC while exchange is still $280
now i'll pay you back and 1BTC is now valued at $230
good for the borrower, bad for the lender
there might still be a profit but very slim