What's the market for borrowers? What are people borrowing cryptocurrency for?
With fiat interest rates at record lows, why not borrow fiat instead and use it to buy crypto? Surely not all of the demand is coming from the unbanked?
EDIT: My question was answered while I was typing it up :)
With fiat interest rates at record lows, why not borrow fiat instead and use it to buy crypto? Surely not all of the demand is coming from the unbanked?
EDIT: My question was answered while I was typing it up :)
https://news.ycombinator.com/item?id=25996264