Usury is bad.
Usury is bad.
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Replies (9)
👏🙌 Amen!
Why is that?
cuz it turns money into a weapon instead of a tool,interest on interest mathematically guarantees lenders asset-harvest the productive while doing zero labor. compound rates outrun real growth, so debt eventually eats the host. bitcoin fixes the *money-as-weapon* part; monero adds the privacy to keep those weapons out of enemy hands.
Interest is very important part of the lending and borrowing. If both mutually agree with the terms, I see no problems.
Monero is for losers.
Charity is better.
fax
Would you lend your money to random people and take the risk without ever getting paid for free? 🤔
Also the money you lend cannot work for you.
Lol. No. But Dunbar's number is good.
Honestly what's the difference? Using Monero is voluntary just like interest from lending and borrowing.
If you don't like the interest don't take out the loan. If you don't like Moneros tail emission don't use it.