So, that was it then? It was only a setup so that you can propose a bet that cannot make you lose any money? If someone takes your bet, you only have to also put 100 BTC into pirateat40 fund at the same time: you'll either win because pirateat40 defaults (you'll get the 100 BTC from your opponent + the interests you got from pirateat40 in the meantime) or win because he doesn't default and you can take your principal back and have multiplied it by a large amount even after you lose the bet.

In fact, you're proposing to buy a 200 BTC insurance against pirateat40 default, for a cost of 100 BTC, valid until the end of 2013, at which date you would have made much more than that. Clever.

I must admit that I'm a little disappointed. I thought you were playing the white knight here, while you were just setting up the atmosphere needed to propose this bet.