| ▲ | nickphx a day ago | |
huh? platform? lol. you go to bank with proof of collateral.. get secured loan. wtf does everything need a platform or some VC garbage scrambling to find rent. | ||
| ▲ | goodmythical a day ago | parent | next [-] | |
Not familiar with the situation in Brazil, but it could be as simple as local credit being harder to get than global credit, or a desire to deal in a denomination that local credit doesn't typically offer without hitting a conversion fee. A local farmer could perhaps figure out how to contact a swiss banker all on their own, but it would be a lot easier, and cheaper, if there were single place (or better yet, a few competing places) that offer a central place that anyone looking to use/supply credit could come together. | ||
| ▲ | Brian_K_White a day ago | parent | prev | next [-] | |
even the title says the bank does not give you the loan | ||
| ▲ | pstuart a day ago | parent | prev [-] | |
because blockchain blockchains! I must confess I'm enamored with the concept of blockchains, but find their value questionable for the most part. I even worked for a blockchain startup (non-crypto) but left on less than good terms and a fair amount of PTSD. They were nuts! | ||