6 ms·

With what platform? Stripe, Visa and Banks that arbitrarily ban users?

• nickphx 2mo ago
  huh? 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.
  • pstuart 2mo ago
    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!
  • Brian_K_White 2mo ago
    even the title says the bank does not give you the loan
  • goodmythical 2mo ago
    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.