[jariel]

So Etherium will do credit checks? Evaluate the legitimacy and valuation of major assets? Validate small business plans? Check creditor references? Do due legal and IP due dilligence? Foreclose? Evaluate the credibility of executive teams? Evaluate contracts? Resolve commercial disputes? Do risk assessment of various kinds?

Etc, etc. etc?

The complete lack of understanding of anything financial postulated by the crypto crowd is really painful.

The notion of 'crypto' is actually interesting, and large swaths of the financial world would actually buy into it, but most of it makes no sense unfortunately.