These Guys Want to Lend You Money Against Your Bitcoin
- Lenders offer loans with digital coins as collateral
- ‘I would be very interested in doing this,’ Bitcoin Jesus says
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The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth -- sell. And many weren’t ready.
Lenders on the fringe of the financial industry are now pitching a solution: loans using a digital hoard as collateral.