Yeah I read those -- they're mostly BS. I don't need to waste time explaining why the shutdown threads are bs, do I? Or how any service can "see your passwords"?



No, you don't need to know what the money will be used for -- this isn't a security, your "investment" (loan) is not dependant on the purpose of business. You have no "interest" in the business I am performing, per se -- I am offering highly liquid collateral. I don't mind telling you what the money will be used for, but second to the above you are framing yourself as a lender. Are you planning to loan to me? Namworld did. When he wanted to redeem I mailed him his 44oz. of silver. Just like everyone else. Here's something else you may have missed:

"Thanks Usagi for paying this loan back. You had some trouble with this one when a few btcstock exchanges closed down back in oct-nov, but you sorted things out and even paid off the last part of the loan early, thanks." - https://btcjam.com/listings/5938

Don't get trolled ognasty! Check my otc rating.

Anyways, the money will be used for buying stuff online, steam games, ipads, and so forth. I also want to buy a new dog and dog cage, dog food and dog care equipment. I also might buy some more gold and silver, I might buy some music books for my piano.  Not that it changes anything, because the collateral backing the loan has nothing to do with what I want to use it for. But there it is.