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.
I appreciate this honest response. Others that think Bitcoin is going to drop in price and want to get more BTC while this happens might see a reason to lend. I am in the opposite camp, so this offering isn't for me. Thank you for taking the time to address my question.