Post
Topic
Board Lending
Re: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"
by
RDegas
on 01/08/2012, 03:24:04 UTC

I'm not taking sides, here as I think Micon has over reached and has failed to back up his claims other than speculation, although he may well be correct that the risk is nowhere near sustainable.  Other than having some coin invested with pay.bc, I'm pretty agnostic about the issue (other than some points I made upstream).

That being said, what's the timeline on your bet?  As far as I can tell, it's just a bet that says it won't fail.  Are you saying it won't fail in X amount of time, or that it won't ever fail?  If it doesn't ever fail, will you be keeping your money in until it closes down for other reasons?  Otherwise, it seems like your money will be stuck forever.

Or, is this more of a rhetorical point?