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EulerLagrangodamus
@eulerlagrange.eth
People don't fully appreciate how big of a win this is for crypto. @achad identified an opportunity to use zkTLS x Stablecoins to build an alternative to payday lending. That industry is extremely predatory and the rates are 300% APY minimum (usually way more). They have the ability to charge 0% borrowing fees bc they can underwrite the present instead of just the past. Let that sink in, giving pay check to pay check Americans some room to breathe to buy groceries when they need them, not when they get paid.
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Benido
@benido
So is this like streaming 2.0? But instead of streaming what you should have been paid, you just proof the % and get a loan? How can earnifi guarantee the pay check isn’t used in multiple similar services?
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