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RE: Blockchain Backed Loans

in #ethereum7 years ago

Yeah I'm finding crypto loans to be super interesting. I can't help but assume that they will be all the rage at one point.

I have not looked at BitBond yet but it sounds interesting. Honestly I have a lot of faith in MakerDAO, because not only are you simply granting yourself a loan with smart contracts, but they've also created an asset that's pegged the the dollar. It's also not going to be hard for them to start pegging assets to gold, silver, and a myriad of fiat currencies.