Once Bitten! A Bitcoin Podcast. cover image

@PrestonPysh - I Am Bursting At The Seams With Optimism. #329

Once Bitten! A Bitcoin Podcast.

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The Risks of Peer to Peer Lending

I talked quite a bit about how this could make things become completely unglued if the price continued to run. Now, so many of these borrowing and lending platforms have blown up. I don't know what that's going to look like on the next run. But you're going to get to a point somewhere in the timeline where Bitcoin is going to start to run away. There's going to be so much distrust in the legacy system. You're going to have derivatives that are going to only compound whatever direction it's going.

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