When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.
I think borrowing isnt actually worth it but it is my opinion.
Anyway it is useful to borrow if you are a really good trader and your insight shows you that btc should rise.
It is also useful when if u can find trustworthy btc casino where you can invest-the problem is % of interest rate of the loan.
If its bigger than getting profit from invest,it is not worth it of course ...