I heard lending out bitcoin will make our bitcoin to grow in pace as well as securely. But, we need to verify the borrower more thoroughly before deciding a borrower. Getting a salary in bitcoin would be a more secure option :-)
lending out bitcoins to people isn't as interesting as it looks. especially when altcoins are being used to secure the loan. what if the altcoin price of the coin that is being used as collateral is dropping with 50% and the one that took the loan defaults. that means the potential profit is gone and you lose a part of your bitcoins too.
that's right especially to newbies here without escrow and collateral it can be a great risk.