Makes sense - to take crypto to greater adoption there needs to be easier ways of buying/spending crypto. USD$ must be spent for the vast majority of crypto holders/users.
Also I have massive profits in crypto but don't want to pay taxes on it - so you can borrow against it to pay for items without incurring a taxable event. I see the need for a sophisticated new generation bank.
Thanks to smart contracts - I can be on the opposite end and accumulate interest or if they default, acquire the crypto put up as collateral.
I get it 'bank' is a dirty word in crypto, but everything has its place. If they offer a beneficial service, love to utilize it.
This 'bank' no physical card, no limits and no commission, working for let you pay with any crypto in 42 m million res worldwide, how amazing it will be if they do realise this:)
Makes sense - to take crypto to greater adoption there needs to be easier ways of buying/spending crypto. USD$ must be spent for the vast majority of crypto holders/users.
Also I have massive profits in crypto but don't want to pay taxes on it - so you can borrow against it to pay for items without incurring a taxable event. I see the need for a sophisticated new generation bank.
Thanks to smart contracts - I can be on the opposite end and accumulate interest or if they default, acquire the crypto put up as collateral.
I get it 'bank' is a dirty word in crypto, but everything has its place. If they offer a beneficial service, love to utilize it.
It does have a great idea and plan, with a strong team, and hopefully it can make crypto easier to use.
This 'bank' no physical card, no limits and no commission, working for let you pay with any crypto in 42 m million res worldwide, how amazing it will be if they do realise this:)