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| Topic | Cryptocurrency is amazing. Can't wait for the day that it's mainstream |
| Sad_Face 03/28/21 5:16:13 AM #48: | 1337toothbrush posted... There is a reason why interest is high. Also, your loan example is hilarious. You had to put up almost double the money in cryptocurrency to get a loan of real money. Why not simply convert to real money without the loan? First rule of a Link marine. Never sell. But this what people normally do, take a loan out to trade with, and then pay back loan and pocket the profits. The cryptoworld streamlines this practice considerably. And as I said before this was back in 2019, it's going to be interesting to see how they make loans more accessible. I can see NFTs going to be the method in which you can collateralize the deed to your car or house to use to collateralize to take out large loans in the deFi world. --- ... Copied to Clipboard! |
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