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RE: The Hive Lending Platform by bozz

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Viewing a response to: @taskmaster4450/the-hive-lending-platform

· @bozz ·
$0.05
RE: The Hive Lending Platform
Is the assumption that most people would be taking out a loan and putting up collateral so they can invest that money into something else.  Something they are hoping will give them a larger return than the terms of the loan?  I mean clearly there are countless use cases for the loans.  I am just curious if the majority of them would be for additional investments.

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vote details (2)
@taskmaster4450le ·
$0.05
RE: RE: The Hive Lending Platform
People can use it for whatever they want.  If there is a robust DEX with wrapped tokens, the possibilities are endless.  People could take their sHBD and swap it for something that gets them to fiat.  Then they can do whatever they intend from there.

Or if remaining in the crypto/financial world, one can take the loan and invest in development, business building, or in another asset.

It opens up reams of possibilities, dependent upon what else is built.

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vote details (1)
@bozz ·
RE: RE: The Hive Lending Platform
Okay, that makes sense.  I can just see a lot of people chasing profits elsewhere.  I am sure there will be a million different use cases though.

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