Bitcoin Forum

Economy => Lending => Topic started by: Mysticbisz on August 24, 2024, 03:06:49 AM



Title: Loan Request .075ETH
Post by: Mysticbisz on August 24, 2024, 03:06:49 AM
I am looking for a .075ETH with repayment of .08ETH on 9/5.

Loan Amount: .075 ETH
Loan Purpose: Personal
Loan Repay Amount: .08 ETH
Loan Repay Date: September 5TH
Type of Collateral: ENS Name (https://ens.app/0x53f299324a26f7ddace0630d8f5eba54c55f742e)

If anyone finds ENS of value please consider thanks.


Title: Re: Loan Request .075ETH
Post by: JeromeTash on August 24, 2024, 09:50:34 PM
This is similar to trying to acquire a loan using domain names as collateral. The problem is that there is no ready market for such. The seller has to be very patient until an interested buyer comes along. Now imagine you default the loan. The lender has to look for a buyer or wait for weeks, months or even a year for someone to buy the domain. This is not good for lending business at all.