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RE: The Power Of Cryptocurrency And The Major Problem It Solves

in LeoFinance3 years ago

One of the parts of cryptocurrency elasticity. as a source of financing, this is the absence of intermediate banks between the buyer and the seller, which speeds up the time for transactions, simplifies the return of funds if necessary, abolishes customs control over payment for imported goods, sometimes 100 days of such control run out and crazy fines begin, because the dollar or the euro was not marked in the customs declaration. I think that it is possible to list for a long time what can be called elasticity, reliability and efficiency.

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One of the biggest advantages to cryptocurrency is the short term lending capabilities. When you discuss matters such as inventory, this is crucial. Having collateral unavailable for short term borrowing to pay for inventories is fatal.

This is just one example of what we can develop with cryptocurrency.

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