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Show HN: Spread bitcoins by lending to friends

bitcoinswithfriends.com

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Re: Show HN: Spread bitcoins by lending to friends

#7

This is an awesome idea. I just with that they allow account creation outside of facebook.

Right now, Facebook is the only good way to know that "Bob Jones" is really my friend named "Bob Jones".

This idea depends on that level social trust. I wouldn't loan out bitcoins to strangers. Just friends who want to learn about bitcoin, as they won't screw me over. Even if they don't return the loan in btc, they might buy me a drink.

Re: Show HN: Spread bitcoins by lending to friends

#9
We started this project at the Bitcoin 2013 Conference Hackathon in May and have been working on it since. The idea is to get people started with Bitcoin easily through friends. I'm close to 100% repayment rate on the loans I've made, though not everyone pays back in cash!
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