In my last post, I gave an overview of BTCJam which is the world’s first and largest Bitcoin lending network.  I have had an account with them for several months was given $50 worth of Bitcoin to test out the platform.  Keep in mind that this only a trial and my investing returns may not be typical of other investors as I will point out below.  BTCJam is still relatively new and certainly if you’re expecting a platform with all of the functionality and data that Prosper and Lending Club provide, you may be disappointed.  With that being said, there have still been some major improvements (even in the past few weeks).  One is the social dashboard as pictured below.  [Read more…]

There is a lot of innovation right now in the p2p lending space. We’ve seen niches for Mining, Student loans, recent graduates and even airplanes. However, one p2p lending company is able to provide loans all of the world. This is probably the most fascinating thing about BTCJam - the world’s first and largest Bitcoin lending network.   In order to understand the need for BTCJam, It is important to realize that not every country allows people to access to credit like the United States. [Read more…]