Post
Topic
Board Lending
Re: Want to lend 5-10 bitcoins willing to pay interest
by
Parodium
on 29/10/2017, 12:54:41 UTC
The collateral cannot be near the current value of the bitcoins, because I can simply go and buy the bitcoins myself and pay no interest.

Obviously you don't understand how loan economics work, no individual, no bank, no institution is going to give you a loan unless you can demonstrably prove that you have the collateral to repay it, if you fail to repay it your collateral becomes the property of the lending party.

If you had an asset that you knew would double in value within the loan term, you would clearly want collateral that covers the final loss amount should you default on the loan (which is highly likely given the failure rate on this forum).