My foray into the world of Bitcoin and blockchain technology began in 2013, during the ‘Silk Road Bust’. At the time, I had a very negative opinion about the cryptocurrency and wrote it off as ‘dark web money’ or ‘drug dealer money’. In spite of having this opinion, I still had one eye on this domain, the tech and the currency. It wasn’t until 2017, that I crawled into the crypto-rabbit hole.
I have a background in finance, and was working for a large housing finance company. The disparity in classes created by the traditional economy was a source of distress for me and I was on the lookout for something that had the capacity to disrupt finance in a way that would create equal opportunities for all classes of people.
Dialing back to 2017, I found myself being engrossed in everything crypto and blockchain. The vision of Satoshi particularly appealed to me, and I eventually found out that my calling had something to do with blockchain and decentralized finance. I eventually ended up investing in Bitcoin in the same year while it was on its bull run.
I started the Bank of Hodlers in May, 2018 with this exact same intention and spent the next couple of months forming the core team and developing our products. We are now live with our first product in asset-backed lending.
With such a service, hodlers will be able to earn interest on their Bitcoins by depositing them in a wallet created with us. Hodlers will also be able to borrow against Bitcoin, but that feature will be available soon. You can borrow in dollars or euros, and avail the loan, instantly, at the click of a button.
Welcome to the bank of the future. We look forward to enabling your crypto gains.
Sign up for our product here: https://app.bankofhodlers.com