Post
Topic
Board Economics
Re: Cryptocurrency lending business.
by
sirminesalot
on 24/05/2019, 15:38:01 UTC
Cryptocurrency loans emerged as an increasingly viable alternative to borrowing loans. What do you think about the cryptocurrency lending business?

https://news.bitcoin.com/genesis-capital-processed-1-1b-of-cryptocurrency-loans-in-2018/
I never tried to do bitcoin loan even I have  collateral because I don't want have a problem in the future. Although this lending is spread all over in crypto space to help other cryptocians I think we still need to be careful to  specially the lenders bec3you don't have any assurance if the borrower will pay you.
just like me, where I am not interested in crypto loans, I prefer to invest in personal power, because my psychology is not able to bear the debt, rather than damage the mentality later
absolutely right, everyone may be psychologically unable to bear the debt. I also agreed that I would not be interested because of having a debt