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1 sat
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4 replies
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@Satosora
29 Jul
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on: First Bank to Offer Bitcoin Loans Soon?
bitcoin
This is just another way for the banks to get your bitcoin if you arent careful. Do you think they are there to help you?
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20 sats
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3 replies
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@Fabs
OP
29 Jul
They're there to make profit off of it, just as I'd like to profit off of their service; after all, that's what exchanges do, too.
Although you have to be careful, both can benefit you.
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1 sat
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2 replies
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@Satosora
29 Jul
There might come a time when they return your bitcoin in fiat instead of the bitcoin that you put in. Like for like, as they say.
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@Recongraves
30 Jul
Just like comex dose
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22 sats
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@Satosora
30 Jul
Well...you have heard the stories of comex. How many times have they given fiat even though the person wants the metal delivered? They arent storing much. Its probably an empty vault.
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