The credit markets being built on top of crypto have been useful to me personally. Rather than going through the lengthy and invasive credit application/approva

The credit markets being built on top of crypto have been useful to me personally. Rather than going through the lengthy and invasive credit application/approval processes required by lenders, I can take out a cash loan against my crypto in 1 day with zero hassle. Early last year (prior to building my crypto position) I shut down my startup and had no cash to rely on. I ended up burning through credit while looking for work. It was very stressful. If I'd had the options I do now then I would have taken out a balloon loan against my crypto and taken more time to search for my next gig, rather than jumping on the first decent position I was offered because I needed the money. It has really opened a new world for me financially. I rest much easier knowing that I have this tool available.