Post
Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
iram1011
on 20/11/2017, 05:53:10 UTC
I don't see how will a Bitcoin bank work. I have definitely seen people giving small amount of loans on Bitcointalk itself. But here we are talking about comparatively large organization(centralized) to give loans at big level. Why it won't work is because supply is way too limited along with that the availability of bitcoin in market isn't much as most of the people are merely hoarding it. Bitcoin is highly volatile. These all factors makes lending inefficient.