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Goldman Sachs will offer bitcoin backed loan services
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[QUOTE="Flow-er, post: 244038, member: 71012"] I have not heard of this type of services before but it is very obvious that it is the first of its kind and it will help so many people that wants to obtain loan and could use bitcoin as a collateral . this is a very good move for the company and it is one of the ways at which the company could diversify its bitcoin portfolios and as a result of this it is a means of investing in the cryptocurrency space for the company itself. With the developments that we see around cryptocurrency is getting increasing every day and as a result of these so many additional inventions have been put on cryptocurrencies and they are mind blowing development. This is true because the investors in the cryptocurrency space needs a lot of development and a lot of things are being put into place. Using the bitcoin as a loan is a wonderful development and it will help so many people that are in need of loan and do have the bitcoin to use as collateral. What I do not understand is the fact that the bitcoin that will be used as collateral would be in the same value. [/QUOTE]
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