Post
Topic
Board Economics
Re: A Bitcoin Credit Union?
by
casascius
on 31/03/2011, 05:49:23 UTC
Has anyone considered the possibility of establishing a Bitcoin Credit Union? It would operate much like a traditional bank might except the account holders would have dividends paid to them quarterly. It would be a way for everyone to make a few extra Bitcoins and also contribute to the welfare of the community in that there would be a loan aspect to it.

What do you think? Could it work? Would you join?

 The only question I would have is, what is there for sale that someone would want to borrow money in order to buy?