Review on Bitbond by Michael Thaxton

Great tool. All new startups will benefit greatly from having access to credit. But so will established businesses who want to expand their reach. It’s difficult to find information about how much interest rates are actually paid. And how does the Bitbond system compare to other traditional methods? The Bitbond model is a competitive advantage. As is the fact that you don’t pay any interest until after the loan is repaid. That means that if you take longer than the repayment period, you simply repay the money back plus any fees. You’re essentially free to invest in whatever you wish. It’s almost impossible to beat that kind of competitive advantage. Not only that, but the model also eliminates counterparty risk, which means that you can’t lose money when you lend. Plus, it’s fast, transparent and flexible. No banks involved! The great thing about Bitbond is that anyone, anywhere can get a loan. This includes people living in developing countries, who may never have seen a bank before. However, you still have to prove yourself to get a loan. Once you do, however, it’s usually easy to get approved again.