Why Bitcoin is Blank Collateral – Bitcoin Magazine

This is an opinion piece by Leon Wankum, one of the first financial economics students to write a thesis on Bitcoin in 2015.

Today, the most common form of collateral used by a borrower to secure repayment of a loan to a lender is real estate. This practice is common for mortgages, personal loans and business loans. Banks lend to people and institutions that own real estate. Other common forms of collateral include company stock, cash, stocks and bonds. I will demonstrate why bitcoin has the potential to become the collateral of choice in the future.

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