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Are loans with enforced repayment possible on the blockchain?

Script is employed to encode the rules under which a Transaction Output may be spent. E.g. the most common Script requires just proof of control over an address. Thusly, scripts cannot determine ...
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Are loans with enforced repayment possible on the blockchain?

What do you mean by "loans with interest"? If you mean guaranteeing being payed back the principal plus some interest that is not possible since that depends on the external world (i.e. it is ...
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How can loans work with bitcoin?

In Fiat Interest and Inflation cancel each other and promote borrowing and thats a healthy thing, but bitcoin economy a borrower has to fight against deflation and interest, if interest rate gets ...
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How can I earn an income from my bitcoins without revealing my identity or relinquishing control of my bitcoins?

Bitcoins are a non-productive asset. Lending services earn revenue, because they lend out the coins they borrowed from you to someone else. They connect lenders and borrowers, take most of the risk ...
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1 vote

How can loans work with bitcoin?

First of all I don't think it needs to be so binary (bitcoin or nothing). Fiat and lending will likely co-exist along with bitcoin. Additionally, what if instead of creating a business based on ...
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Are loans with enforced repayment possible on the blockchain?

It's absolutely possible to loan money with Bitcoin. FairShareLoans is a subreddit where money is automatically loaned out in ~20$ increments. Collecting on those loans, on the other hand, is more ...
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What happens when bitcoin loans start to appear?

None of the above really answers your question. To understand the answer, we have to first understand the main difference between a fiat currency like USD and Bitcoin which is fixed in amount, just ...
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