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aphextron
2955 days ago
What exactly is the use case for a 100% secured loan?
1 comments
bpforster24
2955 days ago
Even if you 100% collateralize, you can get 2x leverage. That leverage can be applied to all sorts of use-cases, but we think one of the main ones that will be common today is speculative margin trading (e.g., short selling)
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spookthesunset
2955 days ago
So basically, like all crypto it’s just another layer of speculative trading, fraud and scams all the way down?
Congratulations, I guess...
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