/biz/ - Business & Finance

what if you had 5k in collateral and you used it to get a loan and then you used it to get a loan at another bank and repeated until you had a really high dollar amount of credit to your name? you could close the loop and then settle all the debts to appear very credit worthy, granted you could come up with the interest. this would be best done when interest rates were at the bottom. could you effectively get use a small amount of collateral to eventually build up a huge credit limit that would make it possible for you to invest in medium to large scale business operations suitable to legitimately pay down such a large loan?

here are the basics:
80k TPS see pic
0.7 sec tx finality
aBFT consensus (tech break-through)
15% staking reward or more
fantom fully supports ethereum smart contracts
over 100,000 lines of code on github
WASM support for java, rust, golang, js, etc.
dozens of devs working on the project every day
mainnet in Q2
deluded/hyped community (reminds me of raiblocks)
full transparency by the team + external audits
andre cronje was lead coder and is now tech advisor and head of biz development
superb partnerships with governments and billion dollar companies
will get listed on binance, bittrex, and korean exchanges like bithumb, upbit
insider rumor has it that fantom will be the first project to get listed on binance DEX
has more FUD than ETH had back in the day

>>11029051
This is what I like.

just bought 970,000 HOT.

is that enough to make it?