Bitbond.com - lending for cryptoheads.

in #videos7 years ago

Today we take a look at bitbond.com.

Yesterday, we had a comment from @ebargins which prompted today's review.
In short, the answer is they are very different.
Kiva.com is for "do good'ers" whereas bitbond.com is for investors.

On bitbond one lends to get a return on investment.

They have a 1.43 length intro video.


The site has some cool stats and visualizations



Most of their loans go to working capital, which were I am from is very difficult to get a loan for.


Most loans are to the developed world and 12 month seems to be the most common term.

So far I see only one challenge for the borrower.
What if one borrows $1000 when bitcoin is at $1000 and then has to pay back the loan a year later when BTC is at $4000?

I plan to look at the loan structures a bit more and see what I can find regarding this conundrum tomorrow.

all images are screengrabs from bitbond.com