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RE: BitUSD Lending via Karma

in #bitshares7 years ago

I dont think the local Govts will be easy on this platform, Nore regulations and stupid rules will follow. They will think of their local lenders and will try to regulate this platform. Your thoughts?

Smart Cash wallet: SRkATjStJhGXWwfnnXiwRqXTQSNWU8xNgX

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It is a possibility @ekk , and there could be a large amount of time before any type of regulation can come into effect. We feel eventually these lenders will have to compete with crypto, so they may even start to develop crypto lending platforms that compete with things like Karma. We truly believe crypto will be the mainstream currency, and that it is only a matter of time.

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