Questions dealing with the obstacles, risks and good case practices of lending/borrowing bitcoins.
Questions tagged [loans]
12 questions
15
votes
5 answers
How would interest and fractional reserve banking work in a limited money supply?
Suppose Bitcoin lenders (banks, creditors, investors) issue loans with interest. As the total supply of bitcoins approaches the 21M ceiling, the total amount owed in outstanding interest will exceed the money supply.
This is the same as existing…
Andrew Vit
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12
votes
5 answers
How to invest bitcoins?
Are there any websites where bitcoin holders can invest their money? Such as by buying shares or giving out loans. For example there is a ShareHolder service for WebMoney. Is there something similar for Bitcoin?
Serhiy
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11
votes
8 answers
If the economy was based on bitcoin, how would someone go about getting a loan?
In today's society, people often take out loans from banks. In an economy that was run on bitcoins, how would someone go about getting a loan? I do not understand how this would work with Bitcoin's deflationary model. It seems a loan would be…
osmosis
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8
votes
6 answers
Why there's no bank or institution lending Bitcoins?
To the best of my knowledge, there's no bank lending in bitcoins, yet, which surprises me. Now that Bitcoin has stabilized to circa USD $100, I think it could be reasonable for an institution to start lending in this currency. By using Bitcoins…
Joe Pineda
- 2,118
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6
votes
9 answers
What happens when bitcoin loans start to appear?
What happens when bitcoins loans start to appear?
Loans have interest rates that "create additional value". Given the limited amount of bitcoins, couldn't we realistically run out of them?
BitBanker loans 1000BTC to the user with a 5% interest. The…
user4432
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5
votes
3 answers
Are loans with enforced repayment possible on the blockchain?
Are loans with interest possible in Bitcoin, such that repayment is enforceably encoded with Bitcoin Script on the blockchain from the establishment of the lending contract?
Geremia
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3
votes
2 answers
Can I get an overdraft?
Hypothetically...
A uses a desktop bitcoin client, who would like an overdraft facility.
B has lots of bitcoins and would like to offer that overdraft and charge interest on the overdrawn amount.
Can A just go into a negative balance with B's…
billpg
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1
vote
3 answers
How can loans work with bitcoin?
Before answering this question please go through this scenario
Let's assume that we have now become a bitcoin-only economy and nearly all bitcoins have been mined. Now, someone wants to do business and he needs bitcoin loan, which a lender will…
Manish Arora
- 11
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1
vote
1 answer
How can I earn an income from my bitcoins without revealing my identity or relinquishing control of my bitcoins?
I have some Bitcoin. I don't want to part with them, but I need an income.
I'm trying to have it so that, somehow, my Bitcoins generate a small sum monthly in fiat, to my bank account.
While going through a list of "Bitcoin loan" sites, it seems…
J. Y.
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0
votes
1 answer
How could Bitcoin lending be secured?
I have been thinking a lot about platforms that allow us to borrow/make money.
Such a platform would be really wonderful, mainly for people in countries such as Brazil, which has high taxes on interest.
The problem is the risk.
I read in the news…
user26933
-1
votes
1 answer
How exactly does "Lend at Hodl Hod" work?
I've read though this carefully: https://lend.hodlhodl.com/faq/basics
It is extremely confusing.
It seems as if, to borrow 1000 USDT or whatever, I have to first register an account (e-mail address on centralized website required in spite of claims…
-1
votes
1 answer
What does Tyler Winklevoss mean about this claim that you can borrow money from your Bitcoin without spending them?
Here: https://youtu.be/GWBZisZtfeY?t=232
And today, you can borrow off your Bitcoin, get the cash, spend it without selling the Bitcoin
I want to do this. I need to do this. How exactly? Where? Who? Do they require KYC/AML BS? (Besides them…
Jaes B.
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