Topic: Hello crypto! Bye bye credits? (Read 3069 times)
I think that such reasoning is a sign of incompetence in this industry. The Banking system and loan interest - this is what forms the basis for the economy for many centuries, it can’t go away in one moment. No one will allow this to happen, so this system will undergo some form of changes, but will not disappear in near future.
In my opinion its difficult to loan in crypto because we can't control the value each coins. Aside from that it will affects in banking system if they allowed to make a lown in crypto both sode currency will destruct because of unstable value of that.
Loans will always be available through loan sharks, but for crypto there are other platforms for decentralised p2p loans. One example is suretly which is going live in Russia soon, but they have their own SUR tokens for that
It must be admitted that the number of cases of credit card theft increasingly vibrant, this is what makes crypto easily accepted by everyone so popular in a short time.
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
that is a weakness of cryptocurrency, because it does not have a savings and loan system, because actually bitcoin is only a digital currency, which is originally the same as the common currency so the savings and loan system is only a business entity that usually serves saving customers, but there is no bitcoin the banking system that started using bitcoin in their savings and loans because it was still very risky, different from the currency of a country there must be deposit guarantees which are usually carried out by the government, one example is LPS or loan guarantee institutions, things like this that are not owned by bitcoin. 
why you prefer to use bitcoin than the credit card? I think credit card gives us many benefits than bitcoin, the biggest benefit is they give us the points, and it can be used for exchange with another prize from the bank
Imagine if paper money disappears someday, how do you feel when no money is enough to be able to replace it as if it could be wrong? In remote areas where there is no internet system or computer, what do people have to deal with since paper money will always exist in any era?
I still do not understand how it will be possible to take a loan in cryptocurrency and it seems to me that this will never happen
I do not think paper money can disappear, swim because that money is strong enough to replace it, many people think that bitcoin, but bitcoin has many obstacles that it can not do it.
Although bitcoin has evolved, it still can not completely replace paper money, it seems to be part of human life, so they give up a habit that is not easy.
I think that btc will be widespread with time and we will be able to enjoy its great benefits for everyone. To my mind, it is better to use crypto currency for the long-term investment
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
I thinks there is an small similarity between creating a loan in cryptocurrency and the traditional loan that we doing in the credit card,its only a digital figures,the difference only are that in credit card is limited only, you use only a card to swipe in order to creating a loan while in crypto you can use a machine or computer to creating a loan transaction.
Well taking loan in cryptocurrency also comes with it own interest just like taking loan from the centralized financial institution around the world, so I guest even if the bank and the centralized financial transactions go into extinction the blockchain as the digital bank will still have it own feature for credit control no free Launce any where.
Banks are very well organized institutions which can be adopted to new conditions. Banks will be evolved in someway, they will stay as a part of financial system and they never disappear. Crypto loan will be helpful to some people but it can't be a competitor of bank loans. Because it is very risky to take loans in the form of crypto-currencies which fluctuate so highly.
i have never considered about loan in crypto, seem like difficult and hard to process.
Lol Loans in cryptocurrency is happening for how many years now,you can check that in loan section of the forum,the only problem is this is uncontrollable because most of the loan provider takes too much collateral not unless you are a trusted person here in bitcointalk so they can release you without any assurances.maybe what we need here is a set of trusted people that has big capital to do this for the cryptonians 
Crypto block chain is very strong system and one of the company or bank will also connected to the loan to the crypto and easy way to take loan. Now Sector is coming in the crypto and some body will be find the solution for loan in the crypto world because solution of every thing is here.
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
Taking loan in cryptocurrency is a hard thing to do. It is not like the banks that have a stable value so that is why I think banks will never disappear. It will not be replace by cryptocurrency because there are things that only the banks can do and not the cryptocurrency such as loans. Having loans in cryptocurrency is I think requires a lot of process.
I don't think the banking system will disappear even though crypto has become a legal currency I think the bank will still be there. crypto and banks can walk together without having to eliminate one of them. it will be difficult to borrow money with crypto because the value is very volatile, for example today I borrow 1 eth and it costs $ 200 but after a month the eth price becomes $ 300, of course we will find it difficult to pay because the value increases. banks will still be needed as financial institutions that collect and channel funds to the public.
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
Bank will never dissapear, country need bank to gather fund from the citizens, that fund will be used by industries to produce more product then improve country economy. But the there will be a big changes in term of bank profit, more people will use cryptocurrency and make it's price rise because of the demand that they made and bank profit will be decrease because credit card will not be used anymore.
I think that the ways of taking a loan in a crypto currency will be the same as now.
For example, now there are exchangers, where everyone can exchange Fiat for cryptocurrency and vice versa. This exchanger has a certain number of different crypto currencies and Fiat. So what prevents someone in the future to occupy such a niche and issue a crypto currency on credit to everyone on the same conditions as now? Nobody. Everything will be the same as now, but instead of Fiat is crypto currencies will be issued.
For example, now there are exchangers, where everyone can exchange Fiat for cryptocurrency and vice versa. This exchanger has a certain number of different crypto currencies and Fiat. So what prevents someone in the future to occupy such a niche and issue a crypto currency on credit to everyone on the same conditions as now? Nobody. Everything will be the same as now, but instead of Fiat is crypto currencies will be issued.
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