this post was submitted on 12 Oct 2023
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[–] yeerepd@alien.top 1 points 11 months ago

Your loan example doesn’t really make sense. Why would the choice be between loaning 10k at 10% or 100k at 2%? You’d loan ten lots of 10k at 10% and make 10k profit rather than 2k.

And profits don’t go to the board, the board is just representatives for shareholders.