Would you give a loan to borrowers in cryptocurrency?
If yes, in which cryptocurrency:
- Bitcoin
- Ethereum
- Stablecoin (please tell us in which)
- Libra
- Maxit (
https://maxicreditcompany.com/whitepaper.pdf)
- Other (please tell us in which)
Yes, I would lend in crypto, my rules are pretty straight forward when I do so (to people I trust). I get paid back the equivalent amount of crypto. So if I loan someone 0.05BTC then I expect to be paid back 0.05BTC no matter what the USD value of it is at the time. Same goes for any other currency I lend in no matter the altcoin. If someone wants 5 LTC then they will pay me back 5 LTC.