Ep. 390 - Shaking Up Traditional Financial Institutions with Rafael Cosman of TrustToken
CRYPTO 101
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Secured vs Unsecured Lending - Which Is Better?
Omeror collateralizers, un colateralized, walk us through some of the pros and cons that you think about in kind of, what what shaped your decision to go this uncollateralized route? Good question. Now there is no question that un collateralized lending can be higher risk. Neither is really a perfect system. And if you take collateral, but your lending to people that may not be creditworthy, than they could default on those loans. But at the same time, your collateral might crash in value. We all know ether bit coin or these assets cold lose 20 %, 40% - 60% of their value in a very short period of time during a flash crash
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