id be happy to do it regularly when a bit mroe flush but the issue again is what kinda security do people have =/ can we gte your addres and security on your mining quipment or something? xD
Again, cant do right now, maybe in a years time id be up for this in return for miners as security hehe
Topic: USD loan in BTC $500-$3000 12% annual rate - page 2. (Read 2665 times)
Boy I hate giving this money to Bank of America. 
What's the benefit of this arrangement? Getting more bitcoins in circulation?
Me saving money. My interest going into the community instead of to a big bank.
What's the benefit of this arrangement? Getting more bitcoins in circulation?
No, I am paying more. I will need to encure fees though to do the transaction such as possibly buying coins pay back loan.
You're seriously only paying 6% on credit card debt?
Anything in between. Up to $3000 if multiple people.
Are you asking for $500 or $3000 or just anything in between?
Something different. I have a credit card loan that I am paying off and would be interested if it can be done through the bitcoin community.
I would take the loan and pay down the credit card. Each month I would pay 1/10 of the USD principle plus 1% interest payable in BTC at the rate at the time the payment is due.
Not sure if the community is ready for this yet, but if it was, all of the interest that is going to the bank would stay in the community and I would have a better rate.
I would take the loan and pay down the credit card. Each month I would pay 1/10 of the USD principle plus 1% interest payable in BTC at the rate at the time the payment is due.
Not sure if the community is ready for this yet, but if it was, all of the interest that is going to the bank would stay in the community and I would have a better rate.
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