Quote from: Meni Rosenfeld on August 19, 2012, 08:56:25 PM

Alberto is back home, and has paid the coupon of 0.032 BTC per bond, which includes the compensation for being 2 days overdue.

We have also discussed the future of the BDT bonds in light of the recent accusations on reddit and the forum and decided the following:
1. It will be hard to establish trust when Alberto is sitting on 10K BTC of debt which some people are worrying they're not getting back.
2. It's going to take a lot of time to establish trust in the Bitdaytrade platform, during which he pays a lot of coupons on the bonds without a revenue stream to show for it.

Therefore we are taking a strategic move to significantly lower his debt. As part of the process he has already recalled 2000 BDT bonds that were in my possession; he sent me about 4200 BTC to start offering people to sell their bonds back at their face value of 1 BTC each, and a bid has been placed. More bids will be placed once Alberto shuffles some funds around, as will I; it is expected that everyone will have a chance to sell. (In this I am letting go of the "not handling the funds myself" rule, but given the circumstances I believe it's best if I take the lead in handling this.)

I recommend that people take us on our offer. It makes sense for all parties involved, and ideally Alberto will only be in debt to me until we can figure out exactly how much capital he needs and at what terms. This is not a forced buyback though and people have a right to keep their bonds.

Alberto will make an announcement discussing the suggested security deficiencies and what he plans for the future of the Bitdaytrade platform.

Its interesting that bitscalper sent you 4000 coins because thats how many went missing from kronos.io

Things that make you go hmmm