I agree with you Monica. It is best to lend out a good crypto and demand that same crypto in return. Apples to Apples.
I think high inflation is here to stay, even in western countries. All governments have printed far too much fiat and now the poor people will suffer.
Making a loan to another person's account on the HIVE blockchain has an extra trust feature because the person who borrows the money has a reputation to uphold for his account, and the loan can be recorded in the memo of the transfer.
Exactly. Thank you for the addition and unless the said individuals pays back the loan, he is bound to return it through a memo.
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Good to note