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RE: Usury and Cryptocurrency

in #catholic7 years ago

Thanks. Cryptocurrency cannot be usurious in itself; my point I'm trying to make is that there are ways to borrow money by putting up cryptocurrency as a collateral that aren't usurious, and that is an improvement from the standard credit card loans we tend to use in the US.

Now we just need mass adoption.

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I understood your point, but didn't do a great job of communicating that I understood.

I think adoption is coming, it just takes time. People have to get used to doing something a different way, and it's rather cumbersome to use still. I think that in time it will get more usage as it becomes easier to exchange.

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