The Six Things I Learned My First Month Lending in Bitcoin

My first month investing in peer loans based in Bitcoin (BTC) has come to a close and I have learned some VERY important lessons.   Lesson 1: LC is Blind but BTC Sees Prosper and LC are double blind meaning we don’t know who our borrowers are and the borrowers don’t know who we are. … Read moreThe Six Things I Learned My First Month Lending in Bitcoin

Bitcoin’s New Best Friend: The US Marshal Service

Bitcoin is important to peer to peer lending in many ways. One of the biggest reasons why is that it leads to easy, simple and inexpensive cross border lending. What many people are not aware of is that after the dollar (USD) and the British pound (GBP), the next biggest peer lending currency is Bitcoin … Read moreBitcoin’s New Best Friend: The US Marshal Service

True Diversification for P2P Lending Investors with Bitcoin

Diversification is a greatly misunderstood idea in investments in general and its just as true in p2p lending. The idea that you have a Lending Club account and a Prosper account or the idea that you buy some A loans and some E loans does NOT mean you are diversified. Both big platforms invest in … Read moreTrue Diversification for P2P Lending Investors with Bitcoin