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Author Topic: Loan & Collateral - Please someone clarify  (Read 134 times)
cryptohunter991 (OP)
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July 28, 2018, 04:20:08 AM
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Hey guys,

In this forum, can someone tell me that other social media accounts which is having a monetary value is considered as collateral or not. I am talking about reddit and steem account.

I have seen many people offering and taking loan, but just need to understand this a bit more as far as the collateral is concerned.

Cheers.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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HiDevin
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so.. hru?


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July 28, 2018, 04:34:21 AM
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Not really, considering those accounts can be easily recovered via support and other ways like email.
ThatRandom8543
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July 28, 2018, 05:01:35 AM
 #3

Hey guys,

In this forum, can someone tell me that other social media accounts which is having a monetary value is considered as collateral or not. I am talking about reddit and steem account.

I have seen many people offering and taking loan, but just need to understand this a bit more as far as the collateral is concerned.

Cheers.

Instead of posting, you couldve read through the forum for your answer. Even https://bitcointalk.org/index.php?topic=577765.0 contains information that could answer your question.
cryptohunter991 (OP)
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July 28, 2018, 06:59:38 AM
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Hey guys,

In this forum, can someone tell me that other social media accounts which is having a monetary value is considered as collateral or not. I am talking about reddit and steem account.

I have seen many people offering and taking loan, but just need to understand this a bit more as far as the collateral is concerned.

Cheers.

Instead of posting, you couldve read through the forum for your answer. Even https://bitcointalk.org/index.php?topic=577765.0 contains information that could answer your question.

Ok, i will check it now. Thank you for providing this link.
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