BitLendingClub adds a new Currency Locked loan

A huge announcement this morning from the Bitcoin lending platform, BitLendingClub.  They announced on their blog that they have a new currency for linked loans other than the USD. To review, USD loans used to be linked to Bitstamp and now they are linked to Bitfinex in order to lock in an exchange rate between … Read more BitLendingClub adds a new Currency Locked loan

5 Reasons Why Understanding Bitcoin is not required to lend it

Bitcoin, and specifically Bitcoin (BTC) based peer lending, is a prominent topic here. A common misconception is that knowing and understanding all the technological and other underpinnings of Bitcoin’s use as a medium of exchange and a currency is vitally important to lending in BTC. It isn’t. In fact, it is not important at all. … Read more 5 Reasons Why Understanding Bitcoin is not required to lend it

BTCJam Tightens Up the Ship With 2 New Hires

BTCJam is both the largest and the most controversial of the BTC based lending platforms. Much of the controversy surrounds trust issues in the platform. Some of Jam’s shortcomings have led investors to believe that they care about posting loans and generating fees more than they care about protecting those that invest in loans on … Read more BTCJam Tightens Up the Ship With 2 New Hires

Updates and Improvements to Bitcoin P2P Lending Sites

Bitcoin lending sites are still in the first inning of a long, long game. They are nowhere near as established or advanced as USD and GBP based lending platforms. The 3 big platforms: BTCJam, BitLendingClub and Bitbond are all working to improve themselves and their platforms. While some of them are going slower than us … Read more Updates and Improvements to Bitcoin P2P Lending Sites

Rule #5 for Lending in Bitcoin: Don’t Be Your Borrower’s Biggest Lender to Date

Of my 10 Rules that I follow that lead to profitable Bitcoin lending, one of the ones that is the most different from lending in USD is Rule #5. The ebook will be out soon for those who have been asking. Rule 5 says to Never Invest in a Borrower’s Biggest Loan to Date. Let’s … Read more Rule #5 for Lending in Bitcoin: Don’t Be Your Borrower’s Biggest Lender to Date

Q&A with Radoslav Albrecht of Bitbond

Recently I was introduced to Radoslav (he goes by Radko) Albrecht, the founder of Bitbond. Bitbond is the 3rd largest Bitcoin based peer to peer lending platform and it recently received a 200,000 Euro investment from Point Nine Capital. As you will see in the Q&A below, they are poised to make some big moves … Read more Q&A with Radoslav Albrecht of Bitbond