Re: Bitcoin p2p lending - Who is the best ? Give your review.
Here is the post from the BTPOP message boards from the CEO of BTCPOP:
Posted 18-06-2016 22:24:07
Some of you may know the story behind Pop, for those that don't here it is
....
Pop actually started out as a forum (www.jamtalk.co) back in late 2014. The aim was to have a place where people can talk about P2P BTC lending without fear of being black listed etc.
At some point (I can't remember which user it was, but I'm sure they are still active on Pop) asked why I didn't build a platform as I could code. Challenge accepted.
My aim was to build a base bit of code that I could pass to someone else to take over, and learn about BTC wallets etc in the process. BTCPOP launched on Christmas Day 2014.
By March 2015 it became a full time job. We took on staff, bought Ardeva, took on more staff, got a bigger office, took on more staff, and today hit userid 20,000
We created an Alt exchange, LBC style trading, collateral, IPO's, Shares, Insurance, Collections and much much more but above all else, we created an amazing community.
Pop over the last few weeks and months grew to a stage where a choice on how to take it forward had to be made. We needed more staff, had to start complying with new UK regs coming in, how to update all our servers to cope with demand.
Several options were laid out in front of us. The first accepting some VC offers that had been made to us, but we did not feel this would be right for the community.
The second option was to plow through the issues we were having. This would of been fine, but again I don't feel that I can take Pop much further, and also, running 3 companys as well as Pop being a full time, 24/7 job (it's not uncommon for me to work through the night several times a week), I am really tired.
Then a third offer was made, which is for me to pass over the torch for someone else to run with. When this option was given to me, the first thing I thought was "I can cut the grass and go on a family holiday". With this in mind, I have chose option 3
This allows me to have a bit of a personal "Reset" take a few weeks off work, do some diy and get the grass cut (It's knee high at the moment!!!!). It also creates an opportunity for the team behind Pop to turn the KYC world upside down with Ardeva, just like we did with the p2p btc world with Pop (maybe we won't include Ardeva goats though).
I will still be active on Pop. It will be great just to be a user. I can start investing, looking in to scammers and moaning about bugs
I know the new owner is going to be great for you guys, wish him all the good will in the world going forward and will always be available for help, advice and coding if needed.
This is not a choice I have made lightly by all means, I'm sad to be departing, but also majorly excited to start working on Ardeva fully as we have some absolutley amazing plans for it
You guys have been awesome
Lee Bartholomew
(former) CEO BTCPOP
Posted 18-06-2016 22:24:07
Some of you may know the story behind Pop, for those that don't here it is
....Pop actually started out as a forum (www.jamtalk.co) back in late 2014. The aim was to have a place where people can talk about P2P BTC lending without fear of being black listed etc.
At some point (I can't remember which user it was, but I'm sure they are still active on Pop) asked why I didn't build a platform as I could code. Challenge accepted.
My aim was to build a base bit of code that I could pass to someone else to take over, and learn about BTC wallets etc in the process. BTCPOP launched on Christmas Day 2014.
By March 2015 it became a full time job. We took on staff, bought Ardeva, took on more staff, got a bigger office, took on more staff, and today hit userid 20,000
We created an Alt exchange, LBC style trading, collateral, IPO's, Shares, Insurance, Collections and much much more but above all else, we created an amazing community.
Pop over the last few weeks and months grew to a stage where a choice on how to take it forward had to be made. We needed more staff, had to start complying with new UK regs coming in, how to update all our servers to cope with demand.
Several options were laid out in front of us. The first accepting some VC offers that had been made to us, but we did not feel this would be right for the community.
The second option was to plow through the issues we were having. This would of been fine, but again I don't feel that I can take Pop much further, and also, running 3 companys as well as Pop being a full time, 24/7 job (it's not uncommon for me to work through the night several times a week), I am really tired.
Then a third offer was made, which is for me to pass over the torch for someone else to run with. When this option was given to me, the first thing I thought was "I can cut the grass and go on a family holiday". With this in mind, I have chose option 3
This allows me to have a bit of a personal "Reset" take a few weeks off work, do some diy and get the grass cut (It's knee high at the moment!!!!). It also creates an opportunity for the team behind Pop to turn the KYC world upside down with Ardeva, just like we did with the p2p btc world with Pop (maybe we won't include Ardeva goats though).
I will still be active on Pop. It will be great just to be a user. I can start investing, looking in to scammers and moaning about bugs
I know the new owner is going to be great for you guys, wish him all the good will in the world going forward and will always be available for help, advice and coding if needed.
This is not a choice I have made lightly by all means, I'm sad to be departing, but also majorly excited to start working on Ardeva fully as we have some absolutley amazing plans for it
You guys have been awesome
Lee Bartholomew
(former) CEO BTCPOP