Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: kemalramdanu on September 25, 2018, 08:57:08 AM

Title: Hello crypto! Bye bye credits?
Post by: kemalramdanu on September 25, 2018, 08:57:08 AM
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?
Title: Re: Hello crypto! Bye bye credits?
Post by: aji678 on September 28, 2018, 08:12:33 AM
What makes you sure the banking system will disappear? It is already obvious that cryptocurrency cannot compete with traditional currencies. Therefore, we can not talk about the death of banks.
Title: Re: Hello crypto! Bye bye credits?
Post by: kenning on September 28, 2018, 08:41:26 AM
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?

Total disappear is quite impossible in my view working together to achieve a better solution is a more likely scenario.  I guess holding the coins for a loan?