Crypto currencies 101.....for us neophytes.

BILTIT

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WIth this scenario who hold the keys to the crypto? bitstamp? If so I'm not interested. I've been rug pulled before, this seems almost to good to be true.
Is it any difference from your current bank account though? They can freeze/lockout your account anytime, recent history has proven that. Hopefully this would have better rules around lenders security.
 

lilduke

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Where does the 2% come from, who the hell borrows crypto...lol
 

BILTIT

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I would imagine the 2% comes from the borrower.

Well with banks imploding already and more ready to follow suit.....might only be crypto left pretty soon (atleast for those who wish to work outside of the current banking establishments).
 

lilduke

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Ya but who borrows crypto? I dont know anyone. Lots of people borrow from the bank.

Sounds like a scam to me, but good luck with that.
 

BILTIT

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Think about if the current "bank" is no longer around, crypto is the alternative.

No one borrows crypto currently, that could very well change in the near future.
 

BILTIT

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This is why we are being shown, cant tell people because they wont believe it.
 

BILTIT

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