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They had a program called mine now, pay later https://www.coindesk.com/business/2022/03/22/trading-platform-pipe-launches-alternative-financing-solution-for-bit
by imkhalil 4y ago
They had a program called mine now, pay later
https://www.coindesk.com/business/2022/03/22/trading-platform-pipe-launches-alternative-financing-solution-for-bitcoin-miners/ https://www.coindesk.com/business/2022/03/22/trading-platfor...
“The financing solution is a little bit like hardware financing, but much more efficient because it's on a trading platform and diversified,” Hurst explained.
- UncleEntity 4y agoSo maybe the loan was to jumpstart this trading program? I’m no cryptoeconomist but that looks to me like one of those “better, because blockchain” ideas for people who can’t even get predatory traditional loans.