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Is speed of transaction the main limitation of financial services? I’m thinking of DeFi more along the line of accessing financial products like loans or invest
by likeabbas 4y ago
Is speed of transaction the main limitation of financial services? I’m thinking of DeFi more along the line of accessing financial products like loans or investment opportunities not available to those in every country
- jqpabc123 4y agoWhat can you really do with a loan in cryptoland? Not much --- gamble/speculate maybe?. To really make use of it, you have to convert it into real world currency. This often comes with a 1-2% transaction fee. You lose a lot of potential borrowers at this point. The fact that crypto is not a functioning currency detracts from all things crypto.