Post
Topic
Board Lending
Re: 11 Bitcoin loan
by
ThatRandom8543
on 18/01/2018, 22:53:44 UTC
Would anyone consider shares in private equity fund worth 150,000 usd as valid collateral for 11 btc?

Of course not,are you completely insane?!
Private equity fund means nothing. Total strangers,no legitimacy,nothing to cover what you said and shady/black/dirty money.

If you want to know what consider as valid here,read this.
Anything else is almost worthless here.

You are incorrect because it can be sold for 150,000 usd currently so therefore it does have a value

Unless proven otherwise, it is unlikely it can be sold for that much. If it could, why not go get a loan from a bank with the shares being held? You know why you cant? Because its not something on a public exchange. Private equity is pretty much useless to anyone, even if the business is successful. You have to follow shareholder agreements as well, and if it can be transferred or sold.

Youre better off talking to someone who can really validate if its worth giving you a loan, and not here. No one is going to take the risk.