Quote from: fluidjax on May 06, 2017, 07:52:46 AM

Quote from: Heruur on May 05, 2017, 06:09:48 PM

Quote from: nikkisnowe on May 05, 2017, 01:23:38 PM

I'm an looking for lenders for a current project I'm working on. I'm willing to take on short term loans at a 10% weekly rate. I am setting up restaurants in the San Francisco area with the ability to accept bitcoins . We will recover 3% of all future Bitcoin transactions at the restaurant. As it is just starting out I need some initial start up funds. Lend your bitcoins to: 1FH6TuVZW9Z2q3Djc56h3tLYGce8X8EVWZ
7 days from your loan I will return your funds with an additional guaranteed 10%.
Thanks.

You have to use multisignature wallet like bitgo and give one key to the community member like me for exemple Grin

A man/woman in a disguise walks into a bank, shows an ID (possibly fake) and asks the bank to borrow some money, the bank says what will you use as collateral, they say, don't worry this other person who is also in a disguise with no ID, says they'll make sure everything is legitimate.
Do you think a bank would lend any money?
The whole point of Bitcoin is you do not need to trust a central authority, so don't transfer trust to another, if you want to lend money, get a land registry document, car registration document or something similar as collateral, or get ready to be disappointed.

It was a joke Grin

. But with multisignature you could propose this kind of services with a plateform if you respect KYC/AML of course

In the case of an ICO project, a third party is often appointed to guarantee that the funds will not recover without respecting the token crowdsales conditions.