Post
Topic
Board Bitcoin Discussion
Re: Hello crypto! Bye bye credits?
by
Cryptoreflector_666
on 06/08/2018, 21:13:19 UTC
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 have no idea on how to take loan in cryptocurrency.  I don't like the idea of taking loan because i have no idea about how it is being process.  Maybe it will requires a lot before you get some loan.
it would be a process but it would work in a similar way that banks do
Not really. In banks, the client does not see the internal operations of how the money processes work. In loans based on blockchain technology, you can fully observe the whole process. And not only you, but also any user of the network.