The decentralized nature of bitcoin and other cryptocurrencies make it simpler to make transactions without needing authorities to validate it. In such a case, you can also loan bitcoin to potential loanees at a certain interest rate. It is also a very good alternative to “hodling” as you are actually making use of the wealth rather than keep it unmoved and it’s better for the economy in general. Several lend-and-borrow platforms like Unchained Capital, Bitbond and BTCpop allow you to lend your bitcoin for interest rate up to 15%.
Bear in mind that this is still a new market and there are hustlers who may try to cheat you. Always choose trustworthy platforms and loanees while making your investments.
