BTCjam mentioned in CheapAir’s People of Bitcoin

People of Bitcoin  The Mad Maverick   CheapAir

Q: Can you share a bit about who inspires you in the Bitcoin space?

A: I’ve  recently been inspired by Celso Pitta, the CEO of BTCjam. Celso had credit problems in college and the credit system in his home country of Brazil is profoundly unfair, charging borrowers 200% interest for a standard loan. Celso was motivated by these troubles to found BTCjam, which is a new peer-to-peer bitcoin lending website that allows anyone on Earth to give or take a loan in Bitcoin. It’s a really exciting idea and I think using bitcoin to fund loans could really expand access to credit and improve the world. I believe in this so much so that I’ve recently joined BTCjam as their Community Manager. I’m very excited about BTCjam.

CheapAir, People of Bitcoin: The “Mad Maverick”

Need a down payment for a new car?  Get a loan on BTCjam!

BTCJam Car Loan

Tony first heard about BTCjam at a Bitcoin Meetup group in Los Angeles.  He liked the idea of P2P Lending right away.  It reminded him of the “freedom philosophy” that excited him about Bitcoin in the first place.

Back in June of 2011, Tony’s friend sent him an article about “fake internet money”, but the more Tony read about Bitcoin, the less it seemed like a fake and the more it seemed like something that could transform the banking system.  Tony read everything he could about Bitcoin until one day it just clicked – and he’s been buying, spending and promoting Bitcoin ever since.

In July, Tony ran into trouble.  His old car suddenly broke down.  He needed a new car immediately to get to work and to see his new girlfriend and without one, Tony could lose his job and maybe even his girlfriend.  Tony knew what to do.  He turned to BTCjam and created a loan listing to borrow money for a nice down payment for a pre-owned car. With BTCjam’s low rates for borrowers, he would actually save money in the long run, by borrowing money for his down payment at a lower interest rate than most banks would have lended it to him.

Tony’s loan funded quickly.  His loan funded easily because he completed his BTCjam profile and received personal referrals from his friends.  He was diligent in responding to comments from investors and was honest about himself in his loan description.  He explained his plans to buy the car in detail and how he would pay his loan back.  Tony is an open book and we think it was key in helping investors confidently investing in his loan.

Once his loan funded, Tony had no problems converting the Bitcoin into dollars and withdrawing it for the down payment on his car.  Tony purchased a sporty dark blue 2013 Ford Focus hatchback, and he says it’s a lot of fun.  We can also confirm that it’s been nine months since he got his loan on BTCjam and Tony still has the car, the job and the girlfriend!  Way to go Tony.  Thanks for borrowing with BTCjam…  and thanks to the investors of BTCjam for funding Tony’s loan!

Until Next Time….  Keep on Jamming!

If you need bitcoin, borrow bitcoin on BTCjam!  If you want to invest, invest on BTCjam!

Volabit y BTCJam permiten inversión en micropréstamos con bitcoin en México

Volabit y BTCJam permiten inversión en micropréstamos bitcoin2

(OroyFinanzas.com) – Las startups Bitcoin BTCJam y Volabit, brasileña y mexicana respectivamente, se alían para permitir que usuarios mexicanos puedan invertir con bitcoin a través de una plataforma de micropréstamos para la financiación de proyectos internacionales.  Read More…

Happy Earth Day from BTCjam

greenday

Buenos Días Jammers and Happy Earth Day to you!

Did you know?  Earth Day was created in 1970 and is now celebrated by more than 192 countries each year!  Earth Day promotes the concept of peace on earth, although recently it has been adapted to focus on environmentalism, recycling and renewable energy.

greenloanAt BTCjam we celebrate Earth Day by offering Green Loans.  What’s a Green Loan?  A Green Loan is a loan that is used to improve the environment.  A Green Loan could be as simple as buying solar panels for your house, a down payment on a fuel-efficient hybrid car or maybe just new tires and a helmet for your bike, to get you back out on the road.

BTCjam is also contributing to Earth Day by creating all of our loans online, without any paperwork.  At BTCjam we did more than 12,000 loans last year, and that’s a lot of paper!  It takes more than 24 trees to create a ton of paper and over 500,000 trees per week are killed for the Sunday Newspaper.  That’s a lotta trees!

I celebrated Earth Day by walking to work and using mass transit.  How did you celebrate Earth Day?  Leave your answer in the comments below.

If you need a bitcoin loan, borrow on BTCjam!  If you want to invest, invest on BTCjam!

BTCjam partners with Volabit to bring bitcoin loans to Mexico

volabit

Hola Jammers! We’ve got great news this morning… BTCjam is partnering with the leading Mexican Bitcoin exchange Volabit to bring our users from Mexico a superior Bitcoin experience.  Volabit users can now transfer funds and activate automatic payments all from BTCjam.com!  Lending bitcoin and gaining returns has never been easier, and Volabit users can now transfer their bitcoins to BTCjam without ever leaving the site. Together Volabit and BTCjam make borrowing and investing bitcoin in Mexico simple!

  • You can withdraw bitcoin seamlessly from Volabit without leaving BTCjam
  • Your automatic payments can withdraw from your Volabit wallet to make a payment
btcjamvolabit1

BTCjam and Volabit have partnered to make borrowing bitcoin in Mexico easier than ever.

BTCjam CEO Celso Pitta said, “I’m thrilled about our Volabit partnership.  Volabit integration will make BTCjam much easier to use for our customers in Mexico.”  Hannah Kim, Co-Founder of Volabit agrees, saying “BTCjam is one of the most exciting companies in Bitcoin and we’re delighted for how our new partnership makes bitcoin borrowing and lending easier for our customers.”

“Volabit integration will make BTCjam much easier to use for our customers in Mexico.” – BTCjam CEO, Celso Pitta

Get detailed instructions on how to connect your Volabit Wallet to BTCjam on the BTCjam Blog!  Once you have connected your Volabit wallet, you can easily transfer bitcoin to BTCjam and make automatic payments on your loan.  It’s just that easy.

Attention Bitcoin Wallet providers, we are looking to integrate additional wallets! Please contact us at partner@btcjam.com if you would like to partner with BTCjam.

About BTCjam BTCjam is the global leader in peer-to-peer lending using Bitcoin, and the first to offer a proprietary credit score to its users.  BTCjam’s disruptive credit model is changing the way borrowers and investors connect, providing a new path to financial freedom for users from more than 200 countries around the world. BTCjam promotes lending without borders, where people can borrow and lend bitcoins, without having to worry about banks and other intermediaries. Transactions are instantaneous, hassle free, and supported by an engaged, trusting global community.

About Volabit Volabit is the fastest and safest way to buy and sell Bitcoin in Mexico.  Founded in 2014, Volabit has more than 4,000 users and they have converted more than 24,000,000 pesos into Bitcoin. Volabit received venture funding from the Bitcoin Opportunity Corp and has been described as the “Coinbase of Mexico”. Check out Volabit at https://www.volabit.com

How to Link your Volabit Wallet to BTCjam

At BTCjam, we are very excited about our new partnership with Mexican bitcoin exchange, Volabit.  Here are some simple instructions on how to link your BTCjam account to your Volabit wallet:

Log in to the BTCjam website at https://btcjam.com/

1. Navigate to the arrow by your user name, in the upper right hand corner, click Settings
acctsettings 

2. Click Credit Rating
222 Settings   BTCJam   BTCJam
3. Click Wallets & Exchanges
Online_Wallets_-_BTCJam_-_BTCJam
4. Click Volabit

Online_Wallets_-_BTCJam_-_BTCJam 

5. Click Authorize to allow BTCjam to use your account.
OAuth_authorize_required
That’s it!  Your Volabit account is now linked with your BTCjam account.
Dashboard_-_BTCJam_-_BTCJam

 

To add funds from your connected Volabit wallet
1. Click on the arrow at the top center of the page near your Bitcoin balance.
Dashboard_-_BTCJam_-_BTCJam

 

2. then click Add Funds
3. From the Add Funds popup window, simply click the
“Add funds from Volabit” button at the bottom of the window:

Dashboard_-_BTCJam_-_BTCJam

4. Simply enter how much you would like to transfer from Volabit, enter your 2FA code (if you have 2FA enabled) and click “Transfer from Volabit” to transfer your funds.
Dashboard_-_BTCJam_-_BTCJam
And you’re all set! Thank you for reading BTCjam’s tutorial on how to link your Volabit Wallet to BTCjam.  Remember you can now use your linked wallet for transferring funds or even making automatic payments on your BTCjam loan.  Thanks to Volabit for partnering with BTCjam.
If you need a bitcoin loan, borrow on BTCjam!  If you want to invest, invest on BTCjam!

BTCJam named as one of the Sand Hill 25 Bitcoin Innovative Disrupters

The Sand Hill 25 Bitcoin Innovative Disrupters   Sandhill

SandHill — Bitcoin is about the birth of a new monetary ecosystem. Like any ecosystem, it will have its share of winners and losers. The Bitcoin “Innovative Disrupters” are those that have the best odds at being winners.

Today, venture capitalists have created the foundation for innovative disruption with an investment of $667 million in Bitcoin-related companies to date. Meanwhile, entrepreneurs from all over the world will create the new Bitcoin monetary ecosystem.

As a follow on to our article, “Bitcoin: Mad, Bad but not a Fad,” here are 25 companies we’ve dubbed the Sand Hill Bitcoin Innovative Disrupters. They represent the first wave of companies leveraging blockchain-related technologies that we believe will play a pivotal role in the future:

BTCJam – Peer-to-peer lending network using Bitcoin targeted at cross-border loans to individuals in third-world countries. Uses a reputation system to build credit profiles for borrowers.

Read More: The Sand Hill 25 Bitcoin Innovative Disrupters