HONG KONG - Oct. 30, 2017 - PRLog -- America 2030.Net is one of the first intermediaries to begin offering loans against Bitcoin, Ripple, Ethereum, Litecoin, Dash, NEM, BitConnect, NEO, Monero, IOTA, Qtum, OmiseGO, Cardano, Zcash, Lisk, Stellar Lumens, Tether, Stratis, Waves and other top digital crypto currencies.
Due to the rising popularity of the cryptocurrencies, the trend will continue as there's no stopping the rising popularity of digital currencies. Clearly no government will be able to stop, control or enforce their existence.
America 2030.Net President and CEO Val Sklarov had this to say: "This year we have received several requests for loans against Bitcoin and other digital currencies. We were able to structure a loan product for owners of crypto currencies and this year we were able to fund several loans against digital currencies ranging from $3 million to $12 million dollars per loan. The loan to value (LTV) was 50% to 65% and the annual interest rate charged by the lender was 5% per annum. Clearly leverage will pay off for these borrowers as they will simply purchase more digital coins which are appreciating at neck-breaking speed".
Numerous governments are either trying to impose controls or restrictions or have plain outright banned their trading. But due to secretive "deep web" search browsers such as Tor, Onion, Torch and DuckDuckGo and others, the governments will lose this battle and in this ever-evolving world of technology, the trading in digital cryptocurrencies will continue.
Owners of the cryptocurrencies can borrow anywhere from 50%-65% against its value and purchase more digital coins, that is if they believe that the digotal currency will rise faster than the 5% interest rate that the loan carries.
Val Sklarov the President & CEO of America 2030.Net had further this to say: "The cat is out of the bag and it never, ever is coming back inside".
Some analysts predict that cryptocurrencies will soon reach a trillion dollars and in not too distant future will account for 10% of all world official government currencies.
www.america2030.net
http://www.america2030.net
Contact
val@america2030.net
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