2min chapter

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Real GDP Lending on Blockchain Could Be A Gamechanger | Bill Wolf

Forward Guidance

CHAPTER

Cryptocurrency Lending: What Is the Hierarchy?

Are the loans that you make, are they, do they have the same legal binding power as a mortgage or a corporate credit line? It's firstly, if someone's trying does default on you, like, and you go and you walk into the courtroom, is the judge going to be like, what's this crypto thing, you know? Great question. So, yes, we are lending under the same types of legal agreements that all loans are made under. There are actual entities underlying these and there's a lot of complexity about what the entities are. They're actually the ones signing these agreements.

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