Welcome to the Bitbond blog! We’re happy to see you! Peer-to-peer Bitcoin lending on Bitbond is built on both, financial and technological innovation. With this blog we keep you updated about these innovations.
We will let you know about functions and updates on Bitbond. Also, we want to share our view on banking and the financial system with you. We look forward to your comments!
Banking is necessary, banks are not
The first entry is summarized by our blog’s tagline. Banking services have existed for thousands of years and will certainly prevail in the future. They are essential for a functioning economy.
Almost no business works without external funding, everyone needs to have their payment transactions executed and everyone who wants to put money aside needs an effective way to build savings. These services are at the core of banking.
However, these services can be provided in a much better way than it is currently done by today’s banks. What can be improved? A lot: opening hours, service fees, interest rates, speed, convenience, efficiency and the stability of the financial system as a whole just to name a few.
Bitbond specializes on making banking services much better compared to traditional banks. Bitcoin lending is the key to do this. For example, getting a loan is mostly a painful affair; you need to go to a branch of one of the few banks around you and the process takes forever.
If they don’t lend to you, you are left alone. Or you might not even have a bank anywhere near at all. The other problem is how to build your savings. Fees often soak up a large part of your returns. Fixed term deposits usually don’t even yield a rate above inflation. That means your real return is negative. In both cases, we offer superior alternatives.
Global peer-to-peer Bitcoin lending
We believe that Bitcoin lending on a peer-to-peer basis offers much better opportunities. Through Bitbond you have access to a worldwide Bitcoin lender base, no matter if you run a restaurant in Barcelona or a fashion store in Buenos Aires.
You can get funded within a few days, or even less. Applying is easy, too; we collect only the minimum necessary information and the whole process can be completed online within minutes.
When you participate in Bitcoin lending by funding projects, you earn interest on a fixed income basis that you have never had access to before – with zero fees. All Bitbond listings are standardized and financially rated.
We enable you to make good decisions by providing all necessary information while maintaining anonymity of borrowers.
You don’t even need a bank account anymore if you fully rely on Bitcoin. We offer a safe Bitcoin wallet for every verified user. And the good thing is, we don’t take your Bitcoins and put them in risky assets as a bank would. We just store them safely, that’s it.
Henry Ford once said: “If I had asked people what they wanted, they would have said faster horses.” Bitbond offers race cars in a world where all banks try to make faster horses. Become part of this banking innovation and spread to word to make banks obsolete.