I remember this thread in 2017 in the French part.
https://bitcointalk.org/index.php?topic=2425439.0At the time OP wanted to borrow to buy BTC. As we know today, he would have made a great deal (plus, a rare thing at the time, his banker was OK to lend him the money).
Yet almost everyone advised him against it. Why was that?
It seems to me that all investments involve risk. What makes borrowing to invest in BTC any more risky than investing in a start-up, opening a business or buying a house (which may be full of defects, for example)? If the person's financial situation is stable and the banker, after studying the file in depth, is OK, I don't see why you can't borrow money to buy BTC. In fact, this is what some large companies do.
Wow, what an interesting thread (and thanks Google translate for translating that). While I wasn't on this forum in 2017, I think I can clearly explain why people weren't recommending him to do that. First of all, Bitcoin wasn't as popular and widespread in 2017 as it is today, it was still something new and risky and if we also keep in mind that old generation wasn't tech-friendly and new generation was just growing up (and most of them still didn't have good access to computer, internet and smartphones), also if we keep in mind that the mentality of people was a little different, then I think it's clear why people were against the idea of investing as much as 50K is in Bitcoins and I think that makes perfect sense.
To be honest, the strangest thing that I see in that thread is the fact that Banker gives him a loan to buy Bitcoins. Anyways, if his loan was backed with a very good asset(s), then bank doesn't care but if it wasn't, then that's strange.