Credit for bitcoin. Why is it advantageous to use cryptocurrency as collateral
Laying bitcoin during the "bear market" is the only way to get money without losing money due to a depreciation. Loans secured by collateral become relevant. Most often, borrowers take money against auto, real estate and jewelry.
You can talk a lot about the ethical side of the issue, but for 4000 years, since Sumerian civilization, the very form of issuing loans on bail has not changed much, only collateral has changed. At first, it could be cattle, plots of land, houses, luxury goods, then shares, bonds, and other securities were added ...
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