Post
Topic
Board Lending
Re: web3 development
by
condoras
on 13/05/2025, 17:27:25 UTC
What's the valid collateral you mean? This is my first loan here if granted?

Of course not. Collateral means something that you will provide to a lender as a guarantee of your repayment. Here, the most valid collateral is alt coins or something that has significant and unquestionable value. That's not including documents of any kind, future possible income, or things that can be reclaimed from the borrower at any time.
So, if you want a loan for any purpose, you will have to offer significant collateral. Otherwise, you will not get even a single satoshi.