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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, March 5, 2023

Crypto As A Way to Transfer Money


Banks, both investment banks and corporate banks have two main business stables

Investment banks do more investing and less lending, while corporate banks do lending and money transfers.

Bitcoin and other cryptocurrencies are still far off to serve as a way to raise capital or as a means of giving out credits, though as a capital raising vehicle cryptocurrencies briefly did prove efficient.

Bitcoin and cryptocurrencies could serve as a means to transfer money or wealth.



That is what actually lies at the core of the business strategy of many of the modern day financial technology companies or fin-tech for short

Many fin-techs want to get a hold of a small part of the money transfers market using the less or virtually nonexistent regulation in Bitcoin and cryptocurrencies and slowly move into lending and financing, giving out credits to small, medium sized and eventually large corporations and individuals.


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