3 ms·
MIT’s Interesting Proposal for a More Stable Financial System
- sharemywin 8y agoI wondered if there was a way to do something similar based on pawn shops and/or car lots. I give item to pawnshop or car lot. They usually have licenses with the state, so they have a reason to be reasonably honest. I borrow crypto-currency and/or keep crypto-currency. Item is for sale for price of cryptocurrency + commission to pawnshop or car lot after so many days if I used as collateral.