it’s called buying cheap and selling high they got this spot you can do this at but you must research the industry.
It could work for collateralized loans. You demand they post at least 150% of the gold value in collateral which you keep if they default or the value of the collateral falls below some liquidation threshold. Basically it would work exactly like most cryptocurrency loans (google Defi or compound.finance or Maker for a good example).
Of course, that’s assuming there’s a market for this kind of service, which I’m highly skeptical of. There’s no compelling reason that I’m aware of for someone with a lot of assets to use them as collateral instead of just selling them. Maybe if your interest rate was lower than the AH cut for just selling them outright but even then it’s a lot of work for not so much return.
Not to mention the counterparty risk to your lendees is going to scare a lot of people away. They have to trust you too.
This thread makes me think of another, much better, suggestion from long ago:
That suggestion was that WE “earn interest”, on our gold in the bank (similar to how we do with a bank in real life.) So it would encourage someone like myself, to save more in game gold.
Of course, it goes without saying your gold would only earn interest if your sub was active. So this would also be good for Blizzard, since it would encourage someone with lots of gold to keep an active sub (even if they were not going to log in much.)
I’ve always wondered why they did not do that.
1 Like
Bad troll. try harder next time.
Uh, yes there is. That would be the lack of any institutional guarantee that we get the gold back. Blizzard doesn’t support these transactions and if the other person refuses to pay you back, Blizzard will just tell you tough luck.
Real banking is too complex to bring into wow.
1 Like
I would do a bunch of small loans to get good credit/history, then since it’s a video game and doesn’t matter, I would take out a large loan that I would never repay.
2 Likes
Do you think we’ll just stand by while you steal food from the mouths of Goblin children?
Sorry you won’t be breaking peoples legs ingame.
As soon as we can get a backtrupt system sure 
He really is though. No time limits. No interest at all.
So where is the down side of goblin children not getting food? Can’t find one
Wow really needs a “Job matching up to 3 percent 401 K.”
Where I could have a “401 K” (but some Wow flavored name thing, instead), with my death knight class hall/whatever thingie matching my contribution up to 3 percent.
As with my 401 K in real life, the amount would be so small that I’d hardly notice it missing in gold (but suddenly have thousands upon thousands in the “401 K.” )
The 401 K thing could be with a Goblin conglomerate, or something!
This would make those wealthy fat cats even richer. They would just look down upon us with their one eye monocles and stuff.
government bailout 
1 Like
“Hey Timmy, what’s your favorite thing about World of Warcraft?”
“Filing for bankruptcy with my local Goblin!”
3 Likes
I love it when my one friend who cant balance a home budget or a checkbook tries to give me financial advice.
Just smile blankly into his face and nod 
1 Like
Do you want to scam/get scammed? Because that’s how you do it.
1 Like
Because you’d never get paid back, just like real life.
The problem I see with that is that people use real money to buy gold in the form of tokens to sell on the auction house. I really don’t think that Blizzard wants to be responsible for real life money disputes, especially if courts got involved if it was enough money and someone felt like suing. That just sounds like too much liability for too little return for Blizzard.
Plus, it’s just a bad idea. This is a fantasy RPG, most people want to escape the real world, not be “immersed” with loan payments and repossessions if they don’t pay up. We all get enough of that in real life.
1 Like