Post
Topic
Board Service Discussion
Re: Is Bitcoin real money ? - Many say that bitcoin is not money -
by
BitHodler
on 15/10/2019, 09:42:16 UTC
This new lending service will be available soon on our website . 24% interest per year is still low but it safe . When we sell your bitcoin we take 8% fees from the buyer then you can have an idea.
I have never seen anyone state that 24% annual interest is low---this is the first time. Common sense would tell me that it is too good to be true, so if anyone is looking to invest in this.... don't be shocked if it backfires on you.

Even if you have the best intentions in the world, it just isn't viable long term speaking---you're way better off offering lower interest rates so that you can sustain this business model because people aren't feeling it this way.