What are the legitimate purposes for which Lending of BTC
should be acceptable ?
If we exclude trading , leverage kind of activities?
There are several reasons why one will request for a loan. One of them and the most common is due to emergency cases and they think they have earned enough trust in this forum that they can request for a loan. Another is they don't want to miss something and they need to pay in BTC. Both reasons I guess are valid but on top of those a collateral must be offered for the loan to be funded.