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Bitcoin is a currency with no physical appearance as it is a form of code which you can store in a virtual wallet and use for paying for different goods and services.
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With bitcoin, you can borrow and lend almost instantaneously without unnecessary friction from banks and government regulations.
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The exchange or sharing of information, data, or assets between parties without the involvement of a central authority. Another useful use case is a peer to peer insurance. Loans are reported to all major credit agencies and there are collection agencies available to help you recoup your investment in case of default. Many peer 2 peer lending platforms and other crowdfunding websites have different levels of guarantees. With bitcoin, you can borrow and lend almost instantaneously without unnecessary friction from banks and government regulations. As with any financing option, there are risks. The chance of this happening and the consequences if it does differ by p2p lending platform. That is because it creates the impression that the solutions work without trusted central control points.
If you need money fast, our instant loans are perfect for you.
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