Topic: Hello crypto! Bye bye credits? - page 15. (Read 3144 times)
it is possible to implement this by creating a stable cryptocurrency, or create a mechanism for its conversion. a loan is based on the ratings of the borrower.
No this thing is not possible in the early phase, Banking still plays important role and will figure to fix things if situations get worse.
At an early stage, of course not, but there should be prototypes and prerequisites for such services. in the future, they will be optimized and developed, but so far there should be at least some small sprouts. I think that you should not place high hopes and expectations on the crypto currency! I think everyone knows that the most money is earned by early investors who bought bitcoin for less than $ 1. At the moment to earn on the crypto currency you need to understand all the subtleties!
I completely agree with you! At the moment, at least inextricably hope that you can make a lot and quickly! The market is not growing at this pace, and the popularity of crypto currency is beginning to fade!
No this thing is not possible in the early phase, Banking still plays important role and will figure to fix things if situations get worse.
For me crypto should not made as credit.it is too hard to pay ur debt using crypto.this is just for me.i guess so.crypto is actual money moving here unlike credit so dont make crypto as credit.or dont say goodbye to credit.well i know possible too to have credit using crypto but it should be manipulate also by banking process to do payment as well.
Since blockchain has the property of decentralization, the security issue is much higher than the usual banking system. No one and nothing at this point can surpass this technology and this is its main advantage. if anyone knows about the world of crypto it will surely stay credit in the world and much better the first of the second it must take a long time .
Taking into account how quickly the technology and digital payment method are developing, there is not much to wait for. Maybe a couple of years - no more. If you have surplus money you do not like to send savings to get interest then you can come to the world cryptocurrency will always welcome you and cryprocurrency will give you more profits than that
Well, this is still unreliable, given that not everyone is familiar with the crypt at such a deep level. Here you need help and advice of specialists otherwise there is a possibility to lose all the accumulated capital. There are actually ICOs around having a concept of letting people borrow or lend money through blockchain. One of them is MoneyToken ICO and it's giving borrowers the power to use their Bitcoin or Ethereum as collateral for their loans. If ICO like that will proliferate, i bet traditional loans will exists no more in the coming years.
What does the process of regulation of safety in the jumps of the course in cryptocurrency? It would be interesting to learn more about this. Do you have any experience with this project or maybe your friends or acquaintances? Credits are always going to be in here, specially if we are talking about banks, credit cards, and all the other stuff that most people in here (including me) hate.
All right. The only variation of the adequate development of lending is blockchain and crypto-currencies, but the system itself is still in question and requires the intervention of good minds in the development of the technical process directly 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?
dont be so excited and ont assume too much because we are not very sure how long cryltowill be there in our side because we know that cryptoworld is unstable so..For me crypto should not made as credit.it is too hard to pay ur debt using crypto.this is just for me.i guess so.crypto is actual money moving here unlike credit so dont make crypto as credit.or dont say goodbye to credit.well i know possible too to have credit using crypto but it should be manipulate also by banking process to do payment as well.
The fact is that if the loan taken in the ripta is used for projects that are built and involve the turnover of the crypto currency in their own business, then there is no problem because you will pay it at the current rate. but if converterwill in Fiat then it will come will bother ocens much. I guess the blockchain connected to ID and notarial informations could make crypto loan more safer.
We can imagine that if you don't pay the loan you get automaticaly sued through the blockchain?
We can imagine that if you don't pay the loan you get automaticaly sued through the blockchain?
What a dystopian nightmare all you guys are dreaming up. There is no need for state/third party actors, or Legal process in any of this; you can do biological ID with no LEGAL identifiers... there are many working on this and this is crucial...
with Legal jurisdiction implied you are a slave, bound by antiquated laws drawn up by bankers to keep the peasants in their place and keep a constant funnel of fiat/national (LEGAL TENDER) flowing up to the elite. Crypto is outside of this jurisdiction until you try to re-enter the system via fiat/name. TENDER FOR LAW - Debt in transit - LEGAL TENDER... this the fiat military slave money.
The real open/decentralized cryptos will succeed in the end... with innovation that our minds cannot even remotely begin to fathom. This is the birth of crypto and we ain't seen nothing yet compared to what can be achieved through this.
Well there are ICO projects already aiming to have a loan for a crypto and i do not know how it works. I was just actually having some interest with the project since i myself had also gone to banks to get a salary loan. I have my first salary loan in the bank when i bought a subdivision lot near to my work and now i am still paying that lot which is being deducted to my monthly salary for the its montly ammortization.
The story is very familiar. Only I had a loan for a car with which I am still paying and this is a very, very nervous process. Therefore, the topic of loans on blockchain is especially interesting to me now. 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?
dont be so excited and ont assume too much because we are not very sure how long cryltowill be there in our side because we know that cryptoworld is unstable so..
No, your view is not correct. Cryptocurrencies and government banks can coexist. Not that you die. This is meaningless. Credit is very important.
Credits are always going to be in here, specially if we are talking about banks, credit cards, and all the other stuff that most people in here (including me) hate.
There are actually ICOs around having a concept of letting people borrow or lend money through blockchain. One of them is MoneyToken ICO and it's giving borrowers the power to use their Bitcoin or Ethereum as collateral for their loans. If ICO like that will proliferate, i bet traditional loans will exists no more in the coming years.
If you have surplus money you do not like to send savings to get interest then you can come to the world cryptocurrency will always welcome you and cryprocurrency will give you more profits than that
if anyone knows about the world of crypto it will surely stay credit in the world and much better the first of the second it must take a long time .
For me crypto should not made as credit.it is too hard to pay ur debt using crypto.this is just for me.i guess so.crypto is actual money moving here unlike credit so dont make crypto as credit.or dont say goodbye to credit.well i know possible too to have credit using crypto but it should be manipulate also by banking process to do payment as well.
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