December was a busy month as I was asked to write 2 articles on Bitcoin based lending to be published soon. They have some similarities but are uniquely different based on the audiences they are supposed to serve. In the coming weeks you will be able to read more of my work on Bitcoin p2p … Read moreWhere You Can Find More Writing on Bitcoin Lending
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 moreQ&A with Radoslav Albrecht of Bitbond
There’s quite a bit of debate in the Bitcoin Investing world about BTCJam. They are without question the largest BTC based peer lending platform and they have the most VC funding. The essence of the debate is whether the Jam are purposefully trying to only earn fees with no intent to eliminate scammers from their platform … Read moreBTCJam: Providing More Info but Still Falling Short
When we invest in Prosper and Lending Club loans, we are lending overwhelmingly to individuals usually for Debt Consolidation purposes. On the Bitcoin based loan platforms, my loans are mostly to businesses. It’s actually a sizable peer to small business lending environment but it just so happens that these businesses are BTC based businesses and … Read moreBitFinControls: Financial and Operational Controls for Bitcoin businesses
Today I’m continuing my Subscriber Questions Answered segment and going international. Today’s question is from Johnny, one of my Canadian subscribers, eh? Johnny has a great question. I LOVE answering questions from my subscribers so please feel free to comment here or email me any questions you have. Today’s Question from Johnny: Why haven’t any of … Read moreSubscriber Question Answered: Does This P2P Example Work Around SEC requirements?
Bitfinex, short for Bitcoin Financial Exchange, is a Hong Kong based trading exchange allowing for the purchase and sale of Bitcoin, Litecoin, Darkcoin and now Terahertz (THS) of cloud based mining power. What Bitfinex is used for most often by most traders is leveraged Bitcoin trading, meaning they can borrow USD or BTC and use … Read moreWhy I Lend On Bitfinex
In my last post, I looked at loan duration for USD based peer to peer lenders. Since I lend in BTC as well, I thought I’d do the same exercise for my Bitcoin loans and other BTC lenders. Duration, which is the sensitivity of a bond or loan portfolio to interest rates, and the related … Read moreBitcoin Lenders: What Is Your Loan Duration? Should You Care?
In US Dollar based p2p lending, our primary concern is tracking Interest Earned. We track this through ROI or IRR or one of the other generally accepted methods for calculating Interest. We also track gains or losses on the sale of a loan if we sell our portion of a loan on the secondary market … Read moreThe Guide to Tracking Bitcoin p2p loans for US citizens
In one of my previous posts on Bitcoin lending, I talked about the biggest site for BTC based peer to peer lending, BTCJAM and how it works. Ryan from Peer and Social Lending (another good p2p lending blogger) also recently posted about lending on BTCJAM with a nominal amount of cash. It is in fact … Read moreBitLending Club: Where the Players in Bitcoin Lend and Borrow
The US Gov’t has decided that Bitcoin (BTC) is to be taxed like property so upon its sale we recognize the capital gains and losses. This means BTC gets the exact same tax treatment as stocks and real estate. There are some serious implications for BTC investors/lenders as a result of this ruling, but you … Read morePeer Lending Benefits of Bitcoin Taxed Like Property