interestingly, some people do loan out bitcoin through lending companies such as btcjam.com
Perhaps, it is OK to loan to miners, for example.
If you cannot make loans with bitcoin, it would be difficult to imagine bitcoin constituting a serious fraction of the overall economy.
sure and Pirate40 too, all I was describing was a general risk profile, during times of deflation one must save to realize value, during times of inflation one must invest to prevent loss. I'm sure many can find exceptions, but there is no way in hell I would lend to a miner,
https://bitcoinwisdom.com/bitcoin/calculator even when it was profitable to mine on GPU's, before the increase in price, I invested (lent money to miners) only to realize the increase in bitcoins value turned honest hard working folk into stammers who closed up shop and ran never to be herd from again.
regulation is not a counter balance for experience. lend all you want, if I'm wrong the market will penalize me, if not the lenders will be in trouble.
there is no problem loaning bitcoin, the market adds its own friction as is needed in the broader economy, when the value is going up dont be short, if it goes up 100% dealt is almost guaranteed if it goes up 200-1000% say goodby to your bitcoins, if the economy is shrinking and there is demand side inflation short / lend all you want, its a good time to do it.
7 am?