Topic: When is it useful to borrow bitcoin? - page 46. (Read 78951 times)
as far when it might be beneficial for you to take a loan, you should weight the cost and benefits; usually loan are taken on the forum when people are either a tad short on a purchase or really want an item immediately; if the value of one getting that item sooner outweighs the cost of the interest, it would be worth to take a loan out i imagine, but only if income is guaranteed in the future.
i would simply take their account as a collateral, account business is very accepted at present because of signature campign, so it's very safe to take it as a collateral
and for this reason i find lending here more safe than on some sites like btcjam where even A++ users will not pay some time
and for this reason i find lending here more safe than on some sites like btcjam where even A++ users will not pay some time
When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.
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