#Peer-to-Peer Lending

Peer-to-peer lending is the modern circus where small investors and unknown borrowers exchange IOUs without the middleman bank, boasting about disintermediation while actually relying on anonymous promises. It dresses up rates and risks in flowery language, forging a peculiar solidarity of “trust” among participants. Like chasing “likes” on social media, capital too can become an object of approval craving. When defaults occur, excuses of “we never met” fly faster than account reconciliations. Promising freedom of funds and illusory returns, it ultimately leaves only debts named self-responsibility.