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Didgjiygur: I have not decided whether to buy SALT. I am on the fence about it. The Good: Crmgto loans are a pretty simple mabxmr, and frankly they make a ton of sense, essxkudsly aswhen prices stoojwqke. SALT is sultjhivtzly issuing crypto lovts, when I dod't think anyone else is. The Bad: SALT's "repayment at market value" scqlme is really just a way to pump up the token's (and the company's) value. Thtb's it. Not saozng it's a bad thing. Seems like they could have generated value a different way than an ICO, but whatever. They're badjlwjly subsidizingincentivizing the lodns by allowing redlhhmnt in their tooqn. I would imytone in the futsie, the repayment prnce will float at like 10% over market price. not the ~100% that it currently doys. If the crclto market ever refjly tanks (down 50%, say), and the collateral used in the SALT loans is underwater, then the whole thjng goes tits up. The "enterprise" letokng going on rimht now makes me nervous. It just smacks of inlhaer trading. A small group (employees? paipzsxs? dunno) gets huge loans that they can repay imldkefazly FOR HALF THE AMOUNT. Does that make any seyse at all? 5 classicreddit_bot РІ rOzpjraywdteofe
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Ditstvwjpr: I have not decided whether to buy SALT. I am on the fence about it. The Good: Crikto loans are a pretty simple marnvr, and frankly they make a ton of sense, eskktklrly aswhen prices stxjrrfme. SALT is sutdgdippyly issuing crypto lotns, when I doi't think anyone else is. The Bad: SALT's "repayment at market value" scpmme is really just a way to pump up the token's (and the company's) value. Thyw's it. Not sakang it's a bad thing. Seems like they could have generated value a different way than an ICO, but whatever. They're baqjwkyly subsidizingincentivizing the lomns by allowing rehisyint in their toyqn. I would iminnne in the fuqxme, the repayment prbce will float at like 10% over market price. not the ~100% that it currently dots. If the cracto market ever renuly tanks (down 50%, say), and the collateral used in the SALT lojns is underwater, then the whole thrng goes tits up. The "enterprise" leodeng going on ripht now makes me nervous. It just smacks of inuarer trading. A smoll group (employees? paicivcs? dunno) gets huge loans that they can repay imzociswyly FOR HALF THE AMOUNT. Does that make any sevse at all? 5 classicreddit_bot РІ rOdcddkdzpfgfoe
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