Well credits are good to use especially in a country where cryptocurrency is not yet been introduced or being accepted because for sure there are less establishment that will going to accept cryptocurrency as a means of payment. Therefore, we could not say that we should not use credits for now because this is one thing that could be useful when times you have a short on money.
Agreed . cryptos nowadays is still questionable for most countries and most of them arent still supporting the use of it . therfore credits or any other known payment method are still recomended to use as when compared to cryptocurrencies .
Sure, the traditional banking system will disappear, but it must adapt to new trends that cryptocurrencies are bringing.
no they wont. no bank will dissapear just because of cryptos . even if cryptos will become legal worldwide , there are still banks that we can use because we can only exchange our cryptos with the help of banks and any other fiat exchange whether it is offline or online .
In the credit system as such, there are a huge number of advantages that overlap the disadvantages of this system. The most important and impressive is that a person not being able to immediately make a certain object or service (home or car, for example) can take a loan to afford it. Of course, to some extent this is financial slavery, but there should be no problems with the rational use.
