Is bitcoin a credit or a P2P payment?
Can you clarify for me, is Bitcoin considered a form of credit, where one borrows money from a lender and pays it back with interest, or is it a peer-to-peer payment system, where transactions occur directly between individuals without the need for intermediaries like banks? I'm trying to understand the fundamental nature of Bitcoin and how it differs from traditional financial systems.
Can you buy crypto with credit in Canada?
Could you please elaborate on the matter of purchasing cryptocurrency using credit in Canada? I'm interested in understanding the feasibility of this transaction, as well as any potential challenges or restrictions that may be involved. Would it be possible to do so through specific platforms or exchanges? Are there any credit card providers that specifically cater to this type of purchase? Additionally, are there any associated fees or interest rates that I should be aware of? I'm keen to learn more about this process and how it works in the Canadian context. Thank you for your assistance in clarifying this matter.