why any bank or organization is not loaning bitcoins?

rivera
Posts: 140
Joined: Fri Apr 07, 2017 5:45 am

why any bank or organization is not loaning bitcoins?

Sat Apr 22, 2017 8:09 am

I have found that there is no organization or a bank loaning bitcoins, Why?
fox
Posts: 143
Joined: Sat Apr 08, 2017 8:50 am

Re: why any bank or organization is not loaning bitcoins?

Sat Apr 22, 2017 8:41 am

This is because BTC lending is very fraud prone. Only 76.11% of their loans are actually repaid. So companies/banks/organization are reluctant to loan out the coins.
addison
Posts: 130
Joined: Tue Aug 22, 2017 12:25 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 7:41 am

driveen paying taxes is no solution, it is better to buy from national currency instead.
meggi
Posts: 137
Joined: Tue Aug 22, 2017 12:16 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:16 pm

I have the same que!
harry
Posts: 143
Joined: Tue Aug 22, 2017 12:19 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:17 pm

I think banks or organization don't lend money because it is very prone to fraud and it is not a national currency.
luna
Posts: 161
Joined: Tue Aug 22, 2017 12:20 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:18 pm

lending bitcoins is a great risk. The lender may not return your money. The banks and organization may not design any scheme to get over this that easily
driveen
Posts: 147
Joined: Tue Aug 22, 2017 12:22 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:18 pm

it is very risky to lend bitcoins, may be that’s why organizations and banks are not lending bitcoins.
adaam
Posts: 120
Joined: Tue Aug 22, 2017 12:23 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:19 pm

there is no advantage to banks and organization in lending bitcoins.
addison
Posts: 130
Joined: Tue Aug 22, 2017 12:25 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:19 pm

There is no suitable way yet taken out to lend bitcoins. Banks and organizations would definitely won't go for such risks.
albert
Posts: 135
Joined: Tue Aug 22, 2017 12:26 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:20 pm

just thinking that may be it is not possible because banks and organization needs a proper secure system to buy and sell money as a whole. I think bitcoins are the property of only a person not group of people.
colin
Posts: 122
Joined: Tue Aug 22, 2017 12:28 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:21 pm

addison u have a point!
rocky
Posts: 120
Joined: Tue Aug 22, 2017 12:30 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:22 pm

banks and organization have already so many modules for nation currency it is not possible to embed bitcoins too.
hills
Posts: 116
Joined: Tue Aug 22, 2017 12:31 pm

Re: why any bank or organization is not loaning bitcoins?

Wed Sep 06, 2017 12:22 pm

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