Another missed date from Garrett. +2 to Kakobrekla. Garrett I really believed this time you'd pay up on time.
Reminds me how pirateat40 tried to paint it as a logistics issue (moving coins between accounts is so hard!), not insolvency issue:
As the fund grew there were larger and larger coin movements which put strain on my reserve accounts and ultimately caused delays on withdraws and the inability to fund orders within my system.
...
Currently my reserve (operating wallets) are drained from fulfilling the withdraw spree that happened after the rate drop announcement.
...
Starting Monday Ill begin systematically closing and withdrawing accounts as coins are transferred. I don't expect the entire process to last longer than a week. The moment your account is closed youll receive your coins plus any interest accrued up to the hour it was sent.
This is hilarious:
Thanks
Id like to thank all of my lenders and PPT operators that were a key element in making Bitcoin Savings & Trust a success. Bitcoin has grown a lot since I started this and want you to know that you were a vital part in helping it grow.
Now, I have a lot of work to do. Stay Tuned
There was kakobrekla analog back then too:
BTW, this is all bitlanes fault. (j/k you nut)