Re:Ethereum Has Issues
by wpietri on Thursday April 14, 2022 @07:08PM
(#31034617)
Wait, are you comparing a personal loan backed by an asset versus an unsecured personal loan from a bank? That seems pretty apples and oranges to me. I think the right comparison would be a broker letting you borrow money against stock, something they do all the time.
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Re:Ethereum Has Issues
by darkteflon on Friday April 15, 2022 @08:39AM
(#31039510)
Cheaply, too - some brokers are offering in the mid 1% for USD. I don’t know what defi collateral requirements and rates are like at the moment, but I suspect much more onerous and higher.