Re: Random thought — can a “loan shark” style lender work here in the forum?
Originally posted by on 02/12/2025, 09:45:23 UTC
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Scraped on 02/12/2025, 09:50:41 UTC
curious if anyone sees this as an opportunity or something that would just crash instantly.
There are already people on the forum that loan you the money if you are reputed enough or you can provide enough digital collateral that can be liquidated. The shark part isn't feasible with crypto as you'd want some control over recovery. Which isn't possible with crypto, unless the person lives close to you or you know them personally.Original archived Re: Random thought — can a “loan shark” style lender work here in the forum?
Scraped on 02/12/2025, 09:45:23 UTC
curious if anyone sees this as an opportunity or something that would just crash instantly.
There are already people on the forum that loan you the money if you are reputed enough or you can provide enough digital collateral that can easily be liquidated. The shark part isn't feasible with crypto as you'd want some control over recovery. Which isn't possible with crypto, unless the person lives close to you or you know them personally.