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Banks are actually all about "peer-to-peer" loans, where do you think their massive funds come from? You deposit money, the bank lends it out. In reality it's a

Banks are actually all about "peer-to-peer" loans, where do you think their massive funds come from? You deposit money, the bank lends it out. In reality it's a bit more complicated than that but that's the essence of banking.

rjtavares 12y ago
But there's no connection between the lenders and the depositors. So it's more server based than peer-to-peer.
- melvinmt 12y ago
  It's a bit similar with Lending Club. They give out the loans and you buy the notes for those loans from LC.