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Topic: Eternal Bitcoin Bonds by Usagi - page 2. (Read 3410 times)

hero member
Activity: 735
Merit: 501
March 03, 2014, 10:34:51 AM
#2
Hello, I am here today to offer Eternal Bitcoin Bonds, for sale today!

All bonds are essentially loans, of course, which require collateral. My collateral is both personally owned and highly liquid, in the form of blue-chip stocks. In short, you have NOTHING to worry about.

You may lay claim to your collateral in the form of agreement to my personal information and arbitration via http://judge.me (free) or we can even sign a document drafted by Real Lawyers (tm) -- which you would pay for of course.

Each Eternal Bitcoin Bond costs 1 BTC, and pays 0.05 btc back to you every anniversary of your purchase -- forever.

Fractional investment is acceptable, so long as you understand you will be paying any transaction fees...

You may redeem the bonds for 1 BTC at any time by forfeiting what would have been the interest accrued until that point.

I reserve the right to repurchase said bonds at any time for 105% of purchase price, which would sever the obligation to pay interest on the bonds.



5% APR, keeping in mind many loans here run at about 5%/month interest.  That isn't taking into account that principal is returned as well by that date.
vip
Activity: 812
Merit: 1000
13
March 03, 2014, 08:57:13 AM
#1
Hello, I am here today to offer Eternal Bitcoin Bonds, for sale today!

All bonds are essentially loans, of course, which require collateral. My collateral is both personally owned and highly liquid, in the form of blue-chip stocks. In short, you have NOTHING to worry about.

You may lay claim to your collateral in the form of agreement to my personal information and arbitration via http://judge.me (free) or we can even sign a document drafted by Real Lawyers (tm) -- which you would pay for of course.

Each Eternal Bitcoin Bond costs 1 BTC, and pays 0.05 btc back to you every anniversary of your purchase -- forever.

Fractional investment is acceptable, so long as you understand you will be paying any transaction fees...

You may redeem the bonds for 1 BTC at any time by forfeiting what would have been the interest accrued until that point.

I reserve the right to repurchase said bonds at any time for 105% of purchase price, which would sever the obligation to pay interest on the bonds.

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