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/biz/ - Business & Finance


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File: 498 KB, 600x791, cockmonger.png [View same] [iqdb] [saucenao] [google]
8324416 No.8324416 [Reply] [Original]

>2025
>want to take out a loan
>go on dApp
>choose best loan conditions from an active marketplace of p2p lenders
>loan repayments and conditions are all encoded in smart contracts

Or at the other end:
>2025
>have 20k sitting in bank (lol) account
>go on dApp
>lend it to strangers
>earn proper interest
>never have money in a bank again
The p2p applications of smart contracts are going to change the very foundation of society.

>> No.8324472

how am i gonna get my money back after i lend it out

>> No.8324892

>>8324472
debt

>> No.8324912

>>8324416
so buy link?

>> No.8324975

>>8324416

Why 2025? You can do that right now on Ethlend, and a couple of other Dapps I can't recall. Feels good bro.

>> No.8325170
File: 46 KB, 565x600, Blank+_a3d2321672a85d2acf91bb661a557bf7.jpg [View same] [iqdb] [saucenao] [google]
8325170

>>8324416
Haha holy shit I haven't seen cockmongler in years

>> No.8325239

>>8324416
>be stranger
>get 20k for free
>never pay it back

>> No.8325246
File: 40 KB, 378x500, JUSTman.jpg [View same] [iqdb] [saucenao] [google]
8325246

i'll mongle your market

>> No.8325289

>>8325239
>in the future we won't have enforcement mechanisms for non-payment and insurance for lenders
What makes you think this?