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!
Yes Bro It is a Great idea But It is Also Not A Safe Way to Earn Bitcoin Because Business is Always Risky....
Before Doing This Business You Need to Know Some things:-
1) Firstly Check Out the Colletral Provided By the User Who is Taking Loan From You....
2) Always Be Positive Because Positive Thinking Makes You Feel Good About Your Business.....