I was asked by neotox to act as escrow however per the above it looks like collateral is not being offered. Has the OP and neotox reached an agreement to provide some kind of collateral?
Im willing to offer my account as a collateral, waiting for a reply from Neotox regarding the fee
Does he need a signed message? If so then please post one to include today's date.
He has told me via PM that the escrow fee will be deducted from the loan amount.
I understand the terms of the loan to be as follows:
Loan amount: .2BTC
Amount to be received by borrower: .1925
Amount to be received by escrow: .0075
Amount to be repayed: .22BTC
Repayment date: May 15, 2015
My address: 18Hftg7gAFd7HjNhKHiw8nik8G8ffF9oMW
Collateral: the Bitcoin talk account that created this thread
If loan is not repaid by may 16, 2015 (forum time) then the collateral will be the property of the lender (neotox).
The lender will need to provide a unique address to send repayment to so it will be clear if repayment has been made.
If this is correct then can both neotox and the borrower please confirm.
Once both parties confirm the terms, please post a signed message (if requested by lender) and PM me your password.