Description
What is the topic idea?: Bitcoin loans in technical terms
Tell us the topic idea, and provide links that can help to clarify. Most bitcoiners have thought or think about the possibility of getting loans on their bitcoin but do we really know what you are doing and how it works behind the scene. Do we really know who really own that bitcoin? Who really own the keys ? This topic should cover even some technical details about custody, private keys, wallets, etc. We should not mention any company specific or endorse any loan provider. This is jus educational content
Explain the value: Will provide some basic knowledge that every bitcoiner should have about bitcoin lending.
What will meetup attendees learn from this? How might this idea improve bitcoin?
My idea of what should be covered:
1. What is a traditional loan(very basic definition)?
2. What is bitcoin loan?
3. Traditional loan vs Bitcoin loan.
4. Who owns the keys? How many keys? Technical details about this, maybe even code related things.
5. Hacking possibilities. Technical details (Maybe AI bots. etc)
6. What could go wrong?
7. Who should not get a loan
8. Pros and Cons.(Emphasis on risks )
9. Best Practice when choosing to loan your btc.
10. Basic, based signs of scam ow might this idea improve bitcoin?
11.
How might this idea improve bitcoin?: It will increase bitcoin education hence more confident in the space.