2min chapter

Forward Guidance cover image

Real GDP Lending on Blockchain Could Be A Gamechanger | Bill Wolf

Forward Guidance

CHAPTER

The Red Flags of Unclateralized Lending on Chain

A lot of people were trying to break into the business of doing this kind of unclateralized lending on chain. But there was so much competition to put money to work, that some people were willing to do that without looking for all that information. If somebody would give you money without putting you through the ringer and making you do certain level of diligence, it's not your fault for taking the money, it's somebody's fault for giving it to you.

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