Gold prices have surged, why did the shop owner run away?
Today, a friend from real life came to consult me, if a debtor transfers assets to the cryptocurrency market, can fixed evidence be found to return them?
The situation is like this: this friend lent a few million to a gold shop owner, thinking that since they have known each other for many years and there are assets involved, earning some interest would be fine. A few years ago, it was still relatively stable, but in the last two years, gold prices have surged, and not many people are willing to buy jewelry. The business at the shop has been getting worse day by day, and the gold shop owner had some bad thoughts, selling all the assets and investing in cryptocurrencies, preparing to immigrate abroad. Now, even if we sue, there are no assets to enforce, and being a debtor doesn't have much impact on someone preparing to emigrate.
I thought for a long time and realized that in a situation where there is no crime, just an economic dispute, there really is no way to trace anything. There are too many debtors in society; since the Evergrande crisis, it has affected many people and changed their views. As long as they can get money, that's all that matters. It's better not to lend money to anyone; from the moment you lend it, you should be prepared to not get it back. You seek their interest, they seek your principal, why should money borrowed by ability be returned? #BTC $BTC
