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RE: Steemit Loan Update for 8/14 - Testing an example of using a steem account as loan collateral

in #money7 years ago

Thank you for your reply. Believe this is a "rough" proof of concept of some future possibility that may be better executed with smart contracts. Starting with humans that are likely to honor both sides of the transaction because of the relation of past and future STEEM and reputation which will be more positive after this opportunity is explored and executed. May have to make a post going more in depth about this sometime so people may better understand.