Seodan on Nostr: Yes, that's interesting and there must be some good material to read up on this 🙏 ...
Yes, that's interesting and there must be some good material to read up on this 🙏 European medieval Christianity also discouraged loan business, which is why banking activities before the Renaissance were mostly outsourced to the Jewish communities.
In terms of business, yes, also Saifedean mentioned the option of giving equity to the lender, that's possible.
What if there's no profit related to the object I need the money for, e.g. real estate for private use? We have to get used to the fact that we can only buy things once we've fully earned them? Or in an abundant world based on a Bitcoin standard, prices will fall to such an extent that 5 years of productive labor would afford a house?
In terms of business, yes, also Saifedean mentioned the option of giving equity to the lender, that's possible.
What if there's no profit related to the object I need the money for, e.g. real estate for private use? We have to get used to the fact that we can only buy things once we've fully earned them? Or in an abundant world based on a Bitcoin standard, prices will fall to such an extent that 5 years of productive labor would afford a house?