Even with more competition coming to market, #Ledn remains the most trustworthy #borrowing and #lending platform in the #Bitcoin space.
I sat down with the company’s co-founder and CSO, Mauricio Di Bartolomeo to learn more about why this is the case.
My latest #Founders piece for nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu.
https://bitcoinmagazine.com/business/ledn-remains-bitcoins-premier-borrowing-and-lending-platform
Do they let you hold a key like Unchained does?
No, sir. This is a completely custodial solution.
How can we verify that they are the “most trustworthy”?
For the past six plus years, they’ve never not returned the #bitcoin loaned to them (aside from that which was kept because a loan wasn’t repaid).
No other platform like this in the space has such track record.
Does that make “the most trustworthy”?
By the standards I just laid out, yes. You’re more than welcome to disagree, though.
Throwing around terms like “the most trusted” is factually incorrect because that would require a verifiable community consensus. Qualifying that statement after-the-fact with a hand picked litmus test is cheating.
I recommend rephrasing to “I trust Ledn the most”, because it’s an equally effective headline if you have the trust of the community.
Why do I (someone who’s also heard good things about Ledn) even care? because the world is suffering from trust burnout. Legacy marketing phraseology has a lot to do with what got us into this mess in the first place. Margarine tubs with bought and paid for “heart healthy” seals imprinted, or frosted cereal that claims “part of a nutritious breakfast” based on cherry picked metrics is that slippery slope. We now have a chance to change the world, so let’s start by building clear, factual communication into everything we do. Let’s build a better world.
