What if one borrows $1000 when bitcoin is at $1000 and then has to pay back the loan a year later when BTC is at $4000?
I believe he have to pay in dollars but I am not sure. It would be better for loan taker than borrower in this situation.
What if one borrows $1000 when bitcoin is at $1000 and then has to pay back the loan a year later when BTC is at $4000?
I believe he have to pay in dollars but I am not sure. It would be better for loan taker than borrower in this situation.
RE: Bitbond.com - lending for cryptoheads.