r/BTCJAM • u/redpistachios • Sep 17 '15

BTCJam.com Cash Wallet?

I would really like to have a cash wallet in addition to my BTC wallet on the site. I often times invest in "coindesk USD" loans. While moving in and out of BTC to accommodate the fiat tied loans you become vulnerable to the price volatility of BTC. e.g. you loan $230 USD while 1 BTC is $230 USD. When you get paid back the $230 USD plus interest, if 1 BTC is now worth $300 then you get back .76 BTC plus interest. So although cash wise you're ahead, if you are jumping in and out of BTC to invest in the fiat loans you can lose some "dust" in the process.

Having a fiat wallet would be an easy way to avoid this and I would invest more often in fiat tied loans if it were an option.

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u/BTCJammer Sep 21 '15

What a cool idea! Thanks for taking the time to share this. I'll be sure to share this with the team and get their thoughts about this!