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mezzaluna
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July 27, 2020, 07:30:25 PM
 #41
I never really gave a thought about loans in the Bitcoin or Cryptocurrency World since it might have lots of risk but reading this gave me better insights about it. It also occurred to me that Cryptocurrency might not possible replace cash since its hard to introduce Cryptocurrency to the whole world. We only know that they at least heard about it but not fully knowing its capabilities.

Loaning in the Bitcoin world depends on full trust. If you want your name stained, then scam them BUT nobody wants that since people can get more profit by staying a trustworthy user.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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July 27, 2020, 08:58:38 PM
 #42
Loans are certainly very risky to use, even in the real world loans can make us poor. So avoid loans in my opinion,
Do not use capital from loans for trading. Use loans only in emergency conditions, and most importantly adjust loans
with our ability to pay.
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