Topic: Hello crypto! Bye bye credits? - page 3. (Read 3144 times)
I do not think is time yet to say bye bye to the credits issued by conventional banks. The cryptocurrencies are still in the infant state with less than 10% usage. The two currencies that is crypto and the fiat currencies can compliment one another.
In my opinion, the government does not allow the central bank to disappear, because the central bank is the backbone of the government, and they can not let their spine be taken away.
Yes it is true, in my opinion crypto is a digital asset whose existence is on the internet, while bank loans are owned by the government in the real world, so crypto and banks will always be there side by side. But the government in the world will be good to legalize Bitcoin, because bitcoin will not interfere with your FIAT currency.
Well, banking system won't leave anyway. But technology is developing. I believe credit is a bad idea.
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 think banking systems will never disappear as long as we have the gap between the rich and poor. The rich will stick to keeping their money afloat and increasing through cryptocurrency investments while the poor may choose the previous option but they would most probably start from scratch through the banking system.
Your hope is the loss of the current banking model to be replaced with cryptocurrency, right? if indeed that is what you want, then actually what is the difference between the purpose of the bank and cryptocurrency. these two components exist in order to improve the community's economic system and to facilitate transactions,
honestly, I'm not ready to leave the FIAT currency and the bank from the government
honestly, I'm not ready to leave the FIAT currency and the bank from the government
The bank will not be able to cool because it is protected by the government, so credit will still exist, which is a major source of revenue for the central bank as well as the government.
I think everything is possible and people can loan money in cryptocurrency each other
In my opinion, the government does not allow the central bank to disappear, because the central bank is the backbone of the government, and they can not let their spine be taken away.
Yes it is true, in my opinion crypto is a digital asset whose existence is on the internet, while bank loans are owned by the government in the real world, so crypto and banks will always be there side by side. But the government in the world will be good to legalize Bitcoin, because bitcoin will not interfere with your FIAT currency.
In my opinion, the government does not allow the central bank to disappear, because the central bank is the backbone of the government, and they can not let their spine be taken away.
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.
In the next five years, the cryptocurrency will not be able to compete with the current banking system, because it is very slow, unregulated and unstable.
some people must be a lot to do the credit they want, such as cars, motorbikes or anything else that will never be unexpected and it will be very difficult to pay in installments every month.
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.
There is still need more time for credits and bank, and most of people use crypto.
To take a crypto loan I think it is also like banking but it is very difficult because crypto does not have a stable price, and national banking will always run for the needs of the national community.
Aside from the unstable price from volatility,another thing is the assurance of payments because cryptocurrency involvements is anonymous,what i am trying to say is about the collateral when we in need of loans.specially when it become higher how can someone send you a loan when you don’t even know each others
Loan in cryptocurrencies shall happen if you allowed yourself to do it. No other people that will do it for you but you alone. Maybe it is good project to start specially if you have a wonderful ideas to attract the investors. Good luck to you mate.
It is not right to say this now. Because there are still many people who use cash or credit card. They have become habituated to this system. Lots of people are sure to get rid of this habit in the future. And that too started using Bitcoin as a currency.
i think 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.
Lending in bitcoin is not a myth, or just another dystopia from greedy investors and financiers. Cryptocurrencies are the future of the entire financial system, which has already come and our task is to implement it in all spheres of human life.
It will be great if banks are bolder and start using at least bitcoin in their activities. I think it can significantly improve and secure the entire banking system in any country.
I also cannot imagine the activities of the modern world without banks. And it is unlikely that cryptocurrency can become an alternative to mortgages, loans and other similar operations. But I'm not against banks. I am for them to start using the cryptocurrency.
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