4 ms·
Unless I'm missing something here, this is insurance, not lending.
by nappy 4y ago
Unless I'm missing something here, this is insurance, not lending.
- christopherwxyz 4y agoBoth products are lotteries with premiums.
- nappy 4y agoThey are categorically different. The issuer of an insurance policy does not bear risk upfront. Insurance policies are not collateralized.