alt Hacker Newshuh? 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.
Replies
Brian_K_White • today at 6:12 PM
even the title says the bank does not give you the loan
pstuart • today at 5:48 PM
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!
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.