Quote from: HorseRider on March 27, 2012, 01:24:16 PM

Quote from: friedcat on March 27, 2012, 12:57:59 PM

The high interest rate is mainly caused by the pirate bank. And I believe that all major lenders in the "Lend" subforum have something to do with it.

https://bitcointalk.org/index.php?topic=50822.0
https://bitcointalk.org/index.php?topic=74051.0

Pirate has run the bank for several months. He said he's doing something that's similar to money laundering to me. Frankly I couldn't tell if it's a scam or not, but one thing that's certain is that if this bank dies, all the secondary lenders will be screwed somehow.

Of course it is.

Sorry to everyone ask for evidence. I have no evidence but only historical knowledge. I smell the similarities. This warning is out of instinct.

Bitcoin world is very much like a jungle. When you feel something wrong, be cautious would be no harm. If you act after you make sure that it is really a wolf or tiger, it is too late for you to run away.

Thank you Captain Obvious.