We are also constantly looking at new data sources to add to BTCJam to make our credit scoring even better, and it shows in how much the credit scoring has improved. BTCJam now has an 87% repayment rate.
So it is unfair to say that we are not doing anything to protect our investors from scammers.
You think a 13% default rate is protecting your investors?
Hes just proving that with A and B investments (look on the states page) with the default rate, if you diversify you can still make a profit. Also this is bitcoin, completely anonymous so 13% isn't that bad, compare it to some of the loans on here. Many of the defaulted loans could also follow legal action.