RE: HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!

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HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!

in money •  7 years ago 

This is awesome! Thanks for sharing. I just got a secured credit card myself, but this sounds like a much better option.. The cryptoverse is expanding so fast that soon I could see not needing fiat currency much at all.. at least personally.

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Yes, it is interesting.

Hopefully fiat is on the way out, but until then some suggested uses from the Abstract:

"A Blockchain-Backed Loan™ is money borrowed for any kind of personal or business use, such as making a big purchase, paying off credit card debt, investing in home improvements, taking a vacation, or paying for business expenses.

I personally could use a few of those options, and keep my crypto, too! That is exciting!