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Lending
Re: Need .25 btc for 48 hours til payday, collateral offered
by
haploid23
on
17/08/2014, 19:51:41 UTC
Quote from: SaveYourBitcoin.com on August 17, 2014, 07:49:22 PM
Not sole owner.
Then what kind of collateral is this?? If you default on the loan, you just reclaim admin control through the other owner. If you default, then lender can't sell anything to recover the amount. So how do you consider this collateral?