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Comen-tator @comen-tator.bsky.social

Since crypto companies do not have 'hard assets', loans cannot be made to them based on any collateral (no gold, silver, machinery, etc.), also, their claim to value is based on their personal opinions so they cannot be used to loan out to make money to pay interest to the depositors so, ...

aug 5, 2025, 9:27 pm • 1 0

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Comen-tator @comen-tator.bsky.social

... banks could accept those deposits but could not make loans based on them nor pay interest based on them ... They'd only be numbers on the spreadsheet records of assets, and non-income producing assets at that!

aug 5, 2025, 9:27 pm • 1 0 • view