Re: Is Bitcoin the future of loans or just pocket change charity?
If you understand BTC well enough, how can you think it would replace such a system. There is no central authority in control, so who's going to issue loans or mortgages. In the BTC network you are your own bank, so if you decide to create a system were you loan out your own coins for interest, it is up to you and you bear the risks involved.
You have CEX who will control that. They will pay the interest generated by people who using their borrowed feature to the people who lend their money. I see nothing difference between crypto loan and traditional loan conducted by bank. However, Crypto is much more simple as it requires very simple steps to complete it.
