Post
Topic
Board Economics
Re: Cryptocurrency lending business.
by
rez303
on 05/06/2019, 08:13:29 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/
Electronic loan money is good but it has many issues to verify and the risk is quite high. I have a friend who often lends money to get monthly interest, but sometimes he gets cheated and escaped.
So my biggest question is, how can Genesis Capital manage their debt and how can they get the money back from the borrowers?