Wanting 1.5 BTC loan.

[flavius]

When you put things up in a mortgage, you don't lose the items, you simply give them a right to GET them if you default. That is predetermine collateral, not straight up here is my house guess I sleep on the streets now. 

[Vod]

When you put things up in a mortgage, you don't lose the items, you simply give them a right to GET them if you default. That is predetermine collateral, not straight up here is my house guess I sleep on the streets now. 

If you transfer your domain to me, you can still use it while I have it for collateral.

[flavius]

a domain name? ok?

[Eisenhower34]

flavius I really dont get your point. Shares for example have the only purpose of being bought, getting interest and can be sold. So if you put that up as collateral and transfer it, then what exactly do you mean when you say that the owner cannot use it anymore? All lenders will give you back the interest generated by those shares, you can always tell the lender to sell those shares to cover the loan and transfer any possible extra back to you. You cannot ride on those shares to the supermarket or check your emails with them...

If you ever tried to pursue the "right to GET [a physical item] if you default.", you would know that this aint really easy online while your client is sitting abroad and any prosecution takes alot of time and far more importent money. If you want to offer a physical item as collateral you haveto deliver that upfront. We are no banks so its impossible to play like a bank, otherwise most people here wouldnt get any loans at all. Or did you ever try to go to a bank for $100 and put up some virtual shares from a non registered exchange and a non registered share issuer in a virtual currency as collateral?

And Im sorry but I really dont know what you want to say with "a domain name? ok?". One of those "I had the last word" thing?

[flavius]

do most people here own google and other valuable domain names?

what do shares have anything to do with the topic? we are talking about physical items to put up

[Eisenhower34]

Maybe you read before you talk https://bitcointalk.org/index.php?topic=231824.msg2440605#msg2440605

physical items are always a problem because they cannot easily be transfered and sold...

[flavius]

I don't know how a laptop, video game system, phones, etc are not easily transferred and sold but ok.