if bitcoin does become a global currency between the world. how would things like loans, renting ourt apartments work?
what if somebody doesnt pay back what he’s owed , can they aftually track to verify that he has not paid?
depends on where you loan and how does it work . if you loan online and you send your kyc , they can track you using it and not only in you btc transactions . for face to face transactions ex. when you loan offline and when you rent , they will saw your face and you will also going to provide your full details . you will get caught if your planning to not pay .