Re:Crypto.com Will Delist Tether in Canada
by D13Fd on Wednesday January 11, 2023 @01:12AM
(#34335596)
> Cross-border payments
My impression is that cross-border payments are a pretty small use case, especially if you mean legal cross-border payments. I.e., “something the law allows you to do but you can’t find a financial institution to do it.”
> censorship-resistance
Sure, but again, fairly niche at this point in time in western countries. Most financial censorship cases I’ve heard of in the U.S. sounded pretty well deserved.
> trust networks
This is a niche of a niche outside. You could just say “cryptography enthusiasts” instead.
> access to credit
Example? As in, someone with bad credit can still borrow on crypto?
My impression is that cross-border payments are a pretty small use case, especially if you mean legal cross-border payments. I.e., “something the law allows you to do but you can’t find a financial institution to do it.”
> censorship-resistance
Sure, but again, fairly niche at this point in time in western countries. Most financial censorship cases I’ve heard of in the U.S. sounded pretty well deserved.
> trust networks
This is a niche of a niche outside. You could just say “cryptography enthusiasts” instead.
> access to credit
Example? As in, someone with bad credit can still borrow on crypto?