The only information needed to know that Patrick had significant Pirate exposure was the basic methodology of his business (bitcoin loans at high interest rates) and the existence of Pirate. You can search the posts to this forum and you'll see many people arguing, from just that information, that he had to have significant Pirate exposure. The transcript, and common sense, shows that those who loaned to Patrick knew that he was loaning the money back out. Obviously, the interest rate couldn't have been lower. And everyone knew that Pirate exists.
What "everyone knows" is irrelevant to this discussion.
Without their mutual erroneous belief that Patrick's business model was sound, the contract would never have occurred.
The contract does not involve Patrick's "business model".
Of course, I agree this doesn't mean Patrick gets to keep all the money.
Nobody asked you.
For the record, the sought compensation is detailed below:
500 BTC capital
+ 1% per week until the date of full repayment. Currently this is 14 weeks (since August the 10th), or 74.7371065 BTC
+ .01 BTC per word of my posts in this thread. Currently this is 3935 words = 39.35 BTC
+ Treble damages (punitive).
Total sought (if discharged today): 1842.2613195 BTC.
There will always be Patricks, Hashkings, and Pirates. We'll never stop that. If nobody holds the people who paid them to screw the community over accountable, this will never end.
Review the bolded part below:
Yeah yeah, right. Stop trying to present yourself as some sort of thought leader of a process you have - to the best I can determine - absolutely nothing to do with. Augustocroppo: you're so far out in left field I'm not even going to respond to you directly (other than to state for the record that you're an idiot).
Please stop for a moment and consider this: just the fact that you can sort-of read the letters in a book or on this screen does not, by itself, guarantee you
understand what they mean. You, personally, do not. This is a failure on your part, due jointly to a defect of your brain (you, unlike other people, lack that important quality called intelligence, being stupid, ie, your brain does not quite work well, much like an old beat up Honda Civic for instance does not run smoothly) and a fault of your parents, who either didn't bother or could not afford to educate you properly. You are simply a deficient human being, unfit for human intercourse over a certain level of complexity. What is going on here, and around Bitcoin in general, and around the Internet in many cases is far, far past the level of complexity your inferior intellect and your lacking education can efficiently handle.
A better use of your time would be to find a floor to wash somewhere. At least that way the net result of your effort would be a clean floor rather than nothing at all.