21
Mar

Lending: Bitcoin, Payday Loans, The AFS Industry

Lot’s of discussion occurring regarding virtual currencies like Bitcoin. We Lenders are a crafty bunch. The regulators are always playing catch-up although they will “slap-your-hands” if you aren’t careful. We live in exciting times. Look below the surface… see the future! List of businesses accepting virtual currency.  The Fed’s are beginning to notice as reported in the WSJ. Manhattan bar now accepts Bitcoin: http://goo.gl/4fMog  Will Lenders/consumers accept Bitcoin? Where are we headed??

What do YOU think?

Jer – Trihouse: The Payday Loan Industry

 

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