Post
Topic
Board Economics
Re: BANKS offers LOANS.
by
Betwrong
on 29/07/2018, 09:10:57 UTC
edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?

What loans are you talking about and why do you think traders need them? From my experience, and from what I've heard, the last thing traders need is borrowing money for their trading activity. That's how one can become an addicted trader, loosing money to unsuccessful trading and borrowing again and again chasing their losses. In most cases it would make life of traders rather harder than easier.


Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

Do you mean the budgets for the Signature Campaigns? It looks like you see loans as free money, which they are not. In most cases loans make people poorer in the end rather than richer.