It also just bothers me because consolidating lenders, in some sense, hurts pirateat40 (and all his lenders, by extension). For example, if I were his sole lender, and decided on a whim to withdraw one day, and he was in an awkward short position or something, he'd be forced to buy back coins at a disadvantageous rate. If people keep consolidating the lending I'd imagine pirateat40 might have to start instituting more rules to restrict withdrawals and such, so he covers his bases. There are book-keeping downsides to dealing with loads of lenders, but there are downsides to having too few, too.

I just hope this good thing doesn't turn into a tragedy of the commons where everyone looks out for themselves and forces pirateat40 to step in to restrict things more for everyone. Perhaps he doesn't care, but this behavior, taken to the extreme, is bad for everyone.