Re: Loan IS key to wealth here is how without liability
The best will be If you pay back less then you borrowed.
Becouse it's not real money It can be minted anytime more.
Those who complain it's not good idea,well If you get loan of 5000 and you pay back 4700 ,tell me it's not good ?
Im sure everybody want to borrow that way.
No risk for borrower If you not paying back you lose becouse every time you pay back you can borrow next time even more.
So rates need to be low for borrower
If there is too many borrowers then coins can be minted more to make sure everybody who want to borrow can get coins.
Since crypto is only digits and numbers you can create endless ammount of coins.
Becouse it's not real money It can be minted anytime more.
Those who complain it's not good idea,well If you get loan of 5000 and you pay back 4700 ,tell me it's not good ?
Im sure everybody want to borrow that way.
No risk for borrower If you not paying back you lose becouse every time you pay back you can borrow next time even more.
So rates need to be low for borrower
If there is too many borrowers then coins can be minted more to make sure everybody who want to borrow can get coins.
Since crypto is only digits and numbers you can create endless ammount of coins.