Post
Topic
Board Lending
Re: Need 70K USD loan with BTC as collateral
by
Starlightbreaker
on 09/07/2017, 09:35:49 UTC
I am planning on starting a new business in Bitcoin. I like to put about 100K USD worth of bitcoin as collateral. I currently live in USA.

I like to deposit the BTC at a escrow service and open to Multi-sig wallets to secure the BTC. I prefer to get a interest only loan, if that is possible.

I am looking for interest in the range between 6-7%.

You currently live in US but you don't know to write a one sentence straight in English.
What are you are trying to say here? Roll Eyes

That is weird  Grin Why don't you tell me what is wrong with my sentences, dear Professor?

Oh, you think that is weird?! Check this out.

1. You want to start a new business in BTC. What does that mean? lol For starting it you will put aroung 38BTC as collateral. But you want to start it in BTC...lol2
Don't discuss that you don't live in US! lol3
2. Multi-sig wallets? For "securing" better what, the BTC that the escrow will hold until you repay?! You understand that you will give the collateral and if you fail to repay, the escrow will give it to the lender? You are the borrower, you know the word right? lol4
3. What is the "interest only loan? Huh lol5
4. You are looking for an interest 6% per year for a BTC loan? BOUAHAHAHAHA!!!!
5. Please man, show us and sign the wallet that you have this money, i will die from laughing!!! Cheesy Cheesy Cheesy