Post
Topic
Board Economics
Re: BitCoin Bank
by
benjamindees
on 05/06/2011, 10:39:11 UTC
Lots of big banks these days don't pay much in the way of interest, half a percent or so.  And their loan business is crap.  They make money on credit cards and transaction fees.

So credit cards are not loan business?

Yeah consumer credit isn't technically a loan.

http://en.wikipedia.org/wiki/Credit_%28finance%29