What is lending? plus bonus link to a great article

For this week I'm going to be brief. Some philosophical thoughts on lending and a link to an article you should read (Or at least skim).

What is lending? 

Lending takes a frozen, unused pile of ones and zeroes and converts them into a flowing, utilized, stream of ones and zeroes. 

The only moment ones and zeroes actually matter; is when they get converted into something real. Lending is essentially moving ones and zeroes from those that don’t need them and aren't using them; to those that do. 

When done right the ones and zeroes get used by the people who need them; and returned to the original owners by the time they need them. 

What does TuitionCoin do? 

We track the flow of ones and zeroes. We split the flow of ones and zeroes into innovative streams.

The bonus article
Here is an awesome article on the cost and quality of higher education.

http://www.thirdway.org/report/a-new-college-compact-addressing-the-cost-and-quality-crisis-in-higher-ed