Hello crypto! Bye bye credits? - page 18.

AlisaWhishie

member

Activity: 322

Merit: 20

Quote from: evfrosini on June 09, 2018, 11:02:48 PM

This may happen in developed counties like US but developing countries are not ready for this. Most of the people there prefer to use banks only.

It's not only the developing countries that prefer banks, believe me. People all over the world are not ready to give up on taking bank loans, though it was proved hundreds time that they are evil itself.
And the second party - banks - are even more unlikely to give up on such a profitable thing. They really do earn a lot from these loans. That's why they spend so many on marketing, and finding new ~~slaves~~ debtors.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Ramtapsbtc on June 09, 2018, 11:05:13 PM

Quote from: Cryptoreflector_666 on May 13, 2018, 06:51:04 PM

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?

Crypto currencies can make you financially stable so why take a loan. Debts is bad for everyone it can make your life stressed. Yes there is a money in crypto but we have to consider also on how to be a good spender. we need to save for our future and we should be responsible in dealing with our money in order to avoid loans. But it is also good to know loans on cryptocurrency for big business opening that needs large capital with low interest.

I completely disagree with the bolded statement. Crypto will be not looked as somewhat as a stable job for you because the market is very unpredictable. Of course there are people who made a lot of money here, but I'm sure that they didn't get there in short amount of time.

So I wouldn't advise for any loans to be taken just for crypto, chances are you will have a difficult time paying those loans. Don't gamble on that, so wouldn't be disappointed when the price goes down and paying them makes its harder.

Ramtapsbtc

member

Activity: 364

Merit: 10

Quote from: Cryptoreflector_666 on May 13, 2018, 06:51:04 PM

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?

Crypto currencies can make you financially stable so why take a loan. Debts is bad for everyone it can make your life stressed. Yes there is a money in crypto but we have to consider also on how to be a good spender. we need to save for our future and we should be responsible in dealing with our money in order to avoid loans. But it is also good to know loans on cryptocurrency for big business opening that needs large capital with low interest.

evfrosini

newbie

Activity: 24

Merit: 0

This may happen in developed counties like US but developing countries are not ready for this. Most of the people there prefer to use banks only.

setialovers

member

Activity: 812

Merit: 11

Quote from: Cryptoreflector_666 on May 13, 2018, 06:51:04 PM

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?

Rigth now, many banks platform in cryptomarket, like banca, bankera and others. But recently i am reading on some article, bank will accepting cryptocurrency deposit. I hope its become reality because banks have good insfrastructure on economic like lending and saving

melch100

jr. member

Activity: 294

Merit: 1

Staker.network - POS Smart Contract ETH Token

Quote from: Cryptoreflector_666 on June 09, 2018, 08:52:09 PM

Quote from: lolland on June 09, 2018, 08:48:06 PM

I don't think the banking system will go away the next many years, but there business model, where they print debt money, out of the thin air, they can lend out will be challenge.

The fact is that there may come a time when the Fiat currency will simply become unprofitable. And then the credit system will clearly move to the crypt, but in what form it is not yet clear.

For me I guess credits will still be there and maybe in the future credits will join crytos, I am not sure but everything is possible in the internet. Let's just see how this will work soon.

recoal

newbie

Activity: 34

Merit: 0

Quote from: Cryptoreflector_666 on May 13, 2018, 06:51:04 PM

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?

The government will blockchain tech anywhere except banking......they don't deny tech .... the thing is they can' t believe a tech like this for their monetary system

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: supelle.born on June 08, 2018, 06:42:01 PM

Crypto loans will be a trend very soon and some crypto banks projects are already working with this new scenario.
For instance, I joined Baanx and Bankera ICOs.

Have you ever seen ICO projects that focus on lending in the cryptocurrency sector? It would be interesting to look at current developments and where the minds of the world are looking at developing new credit conditions based on blockchain.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: ladydark on June 08, 2018, 06:11:10 PM

Until now,there is no such a company which provides loans in crypto currency.But in future,when banks adapt cryptos they might start giving loans in crypto currencies.

Do you have any idea how you can give credit to cryptocurrency and how to find a person if he just does not get in touch? Here only until fantastic history and assumptions - not more.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: mkcube on June 09, 2018, 09:01:18 PM

I think this situation ha s long process to be discussed with. The fact is there may cone a time when the fuat currency will simply become unprofitable. And then the credit system will move to crypto, so this is not clear for the credits. I think this was also a big question for now.

Moreover, the Fiat currency has already suffered a certain collapse in the market over the past few years. The final decline of the current financial system is only a matter of time and this time is rapidly approaching every day faster and faster and the financial market and investors feel global changes. It's obvious.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: Hero of Legendary on June 08, 2018, 06:06:52 PM

banking will surely remain while crypto currency dominating every sector of a country although in some point loan from decentralised is possible and can offer better service banks would not allow to lost people from their side so another way of excellent service will be offer.

Interesting opinion. It seems to me that there may come a time when the cryptocurrency will serve banks, and banks will serve the crypt and adapt to the powerful dynamics of the crypto market. Here and there will be a natural selection in the field of financial Affairs.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: bizarro on June 08, 2018, 05:11:24 PM

I will be very happy if in the near future it can be real because it is not always comfortable to have many credit cards

It seems to me that the currency will be universal, tied to a certain price and you can pay for a product or service.

mkcube

newbie

Activity: 196

Merit: 0

I think this situation ha s long process to be discussed with. The fact is there may cone a time when the fuat currency will simply become unprofitable. And then the credit system will move to crypto, so this is not clear for the credits. I think this was also a big question for now.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: mamarried on June 08, 2018, 05:05:04 PM

banking system will be always alive because they are many people is that don't believe Bitcoin and go to the bank

The times are changing. Early man also could not believe that he wait a couple of years and instead of a pizza he would be able to buy a huge mansion and a few cars) Life is unpredictable and that's fine.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: Bitdressa on June 08, 2018, 09:41:29 AM

I hope it will be the fact that the presence of this bitcoin, which I feel today is far from appealing to credit.

because our credit is in debt, because our credit has big interest, we make the effort to get the money just to pay the credit bill, while the need of money is very much.

yes I hope with the presence of this bitcoin can benefit the crowds.

Do you believe that with the advent of bitcoin to absolute power in the stock and money markets, the need for loans will disappear as such?

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: yanixbtc on June 08, 2018, 09:26:38 AM

Quote from: freesia_pnp888 on May 26, 2018, 03:44:06 AM

sometimes i still prefer credits, but it's gon be yesterday soon for crypto users.

I don't think bitcoin loan or credits is possible, it is different from any banking institution. And the value of bitcoin and cryptocurrency is volatile in nature. It is hard to put standards in bitcoin as decentralized blockchain technology.

If bitcoin did not have such a run in the price in a short period of time and would be more stable in the market, it would be possible to find ways of lending, but while it is tied to the Fiat currency, we will take loans in the usual banks.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: lolland on June 09, 2018, 08:48:06 PM

I don't think the banking system will go away the next many years, but there business model, where they print debt money, out of the thin air, they can lend out will be challenge.

The fact is that there may come a time when the Fiat currency will simply become unprofitable. And then the credit system will clearly move to the crypt, but in what form it is not yet clear.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: CoinstarF on June 09, 2018, 08:46:59 PM

Quote from: senin on May 16, 2018, 01:32:25 PM

Quote from: Cryptoreflector_666 on May 13, 2018, 06:51:04 PM

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?

Do not even dream that the current banking system will ever disappear. Crypto currency is not capable of causing significant harm to banks. Even if the crypto currency could destroy banks, the state will never stand aside from this process. Once the crypto currency would create a threat to the existence of banks, the state would severely suppress such an attempt, up to the complete prohibition of the crypto currency. Banks are an integral part of any state. A state without banks can not exist. Therefore, it is not necessary to conflict with banks.

Adopting of cryptocurrencies is a good choice it can earned a nice living by investing and trusting credit disappeared we're on big profits here a good creation to enter new generations ways of making money faster to grows. Banks still remain thier good legacy to hold individuals account strong and safe also I have sa salute to them also.

Here the question is how to develop a credit system that it meets all the security requirements and at the same time had a large percentage of the Commission and ease of transfer. If the last point already has some clarity, the first two are still under big question. What do you think about it?

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: abiola1 on June 08, 2018, 09:19:04 AM

You can obtain some bitcoin or different coins to your companion however I think no organization right now that enables you to advance some cryptos.

I think this trend is not for long, given the speed of development of the crypto market and the speed of change of crypto currency with Fiat money. Let's look at the analysis of investors in the second half of the year and then the picture will become more clear.

lolland

jr. member

Activity: 89

Merit: 1

I don't think the banking system will go away the next many years, but there business model, where they print debt money, out of the thin air, they can lend out will be challenge.

Topic: Hello crypto! Bye bye credits? - page 18. (Read 3144 times)