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Topic
Board Beginners & Help
Topic OP
Microlending as a way to get started?
by
AscendancyEight
on 13/06/2016, 14:52:00 UTC
So, as mentioned before, I'm relatively new to Bitcoin. I can see that the Microlending system (on this forum, at least) is pretty well set up, with a trust system + collateral and escrow. Would it be a good idea to make some bitcoin lending out very small amounts to users? I could get started with a relatively small amount and only offer loans to very trustworthy members with collateral. Would this be a relatively safe way of making a bit of money? Thank you!