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Bitcoin Forum > Economy > Economics > Speculation > [POLL] Do you have outstanding fiat loans held in BTC?
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Question: Do you have outstanding fiat loans held in BTC?
Yes - 16 (20%)
No - 64 (80%)
Total Voters: 80

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Author Topic: [POLL] Do you have outstanding fiat loans held in BTC?  (Read 989 times)
byronbb (OP)
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March 08, 2013, 07:38:38 PM
 #1
 Huh
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Rygon
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March 08, 2013, 08:55:47 PM
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Question is confusing. What does it mean to have a fiat loan held in BTC? Do you mean, "Has anyone taken out a loan in fiat in order to buy BTC?"?
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March 08, 2013, 09:10:27 PM
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I don't understand the question, like many others. "no" is just the safe bet.
SgtSpike
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March 08, 2013, 09:31:54 PM
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Quote from: byronbb on March 08, 2013, 07:38:38 PM
Huh
Huh indeed...
byronbb (OP)
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March 08, 2013, 10:05:36 PM
 #5
Quote from: Rygon on March 08, 2013, 08:55:47 PM
Question is confusing. What does it mean to have a fiat loan held in BTC? Do you mean, "Has anyone taken out a loan in fiat in order to buy BTC?"?

Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.
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Blazr
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March 08, 2013, 10:11:10 PM
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Quote from: byronbb on March 08, 2013, 10:05:36 PM
Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.

Does that include those who have taken out BTC loans from other Bitcoin users?
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justusranvier
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March 08, 2013, 10:11:16 PM
 #7
Quote from: byronbb on March 08, 2013, 10:05:36 PM
Yes, but more precisely it means: do you presently hold bitcoins which have been purchased on credit.
Well-known variations include leverage, margin trading, and carry trade.
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March 09, 2013, 03:42:31 PM
 #8
Anyone who has any sort of debt is essentially taking out a loan to buy BTC if you choose to buy bitcoins instead of paying down that debt.
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March 11, 2013, 07:57:53 PM
 #9
Quote from: Elwar on March 09, 2013, 03:42:31 PM
Anyone who has any sort of debt is essentially taking out a loan to buy BTC if you choose to buy bitcoins instead of paying down that debt.
Valid point.
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March 11, 2013, 09:49:40 PM
 #10
I have student loan debt that I would be paying down more quickly if I wasn't dollar cost averaging into bitcoin instead.  Does that count?
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