Post
Topic
Board Economics
Re: Loans in BTC
by
deggen
on 13/07/2014, 22:48:41 UTC
The price of housing is artificially high because of the whole credit industry.

Before mortgages, you'd have people building their own houses on land they claimed as their own. A homestead. So I think in an ideal world we'd go back to that sort of thing, or something completely new.

https://www.youtube.com/watch?v=Y4WmDoYJhnk

I certainly don't want loans in bitcoin, unless they're non-interest loans - that's where the monetary oppression in the world comes from.