117. The Problem with Interest with Tarek El Diwany (and Allen Farrington!)
The Bitcoin Standard Podcast
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Why Would You Want to Lender for Business?
Time preference s dropped, and now you're expected to lose one % of your money every year on storing that money. And so people will lend, but only to people that they trust. So lending without interest is something that happens with friends and family mostly. But then if you want to lend for business, you don't lend, you just take equity. That's the natural thing. It's emergent on the market.
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