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RE: Would You Ever Pimp Out Your Bitcoin To Get A Fiat Loan?

in #bitcoin6 years ago

Do they only give back 10k worth of bitcoin?
...etc

Those are good questions to to ask. I think if you (generalizing) cannot answer those questions then you shouldn't put your money there. It just seems too risky to use a service like this. Trust isn't exactly a pillar of foundation in the crypto community at the moment. Maybe in time we will be able to trust companies but we are not there yet in my opinion.

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Good point! I'm pretty sure they give you back the actual bitcoin but I think I want someone else to test it first haha

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