Quote from: rawdog11 on October 22, 2019, 02:29:45 PM

Quote from: maxitdev on October 16, 2019, 02:50:21 PM

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.

This is also my thought, If he borrowed 0.05 he should return 0.05, but we should also give him a limit such as "should be only 1 week" or else he would have added interest so that we will not lose if its value falls.

I saw it too in the Market place and the value didn't matter to them even when it dropped, Because they want to increase their BTC and not the value, Maybe they are longterm holders.