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Why Bitcoin Is Pristine Collateral For Lending



That is an opinion editorial by Leon Wankum, one of many first monetary economics college students to jot down a thesis about Bitcoin in 2015.

As we speak, the commonest type of collateral utilized by a borrower to safe reimbursement of a mortgage to a lender is actual property. This observe is widespread amongst mortgages, private loans and enterprise loans. Banks lend to individuals and establishments that personal actual property. Different widespread types of collateral embody enterprise stock, money, shares and bonds. I’ll present why bitcoin has the potential to develop into the collateral of alternative sooner or later.



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