Guaranteed Loan Bonds Paying 0.03% Daily

[Namworld]

Hello,

I suppose I should make a thread in long term offers too as it is more like a deposit than a stake in a company.

Tired of deposit takers:
- not disclosing what they invest in?
- invested in complex schemes of lending to others where the actual risk and trust is put among a chain of loans and individuals? (Although it's usually re-loaned only once)
- invested in undisclosed businesses for which they offer no guarantee or recourse and are only re-lending to?
- backing their claims with small transactions ratings since their business is not disclosed?
- that ends up having a bad business plan when it is disclosed?
- Not giving personal information?

Well how about loaning it through guaranteed loan bonds, where the terms are that the funds are loaned to the issuer, with fully disclosed investments and good contractual terms?

I take deposits in the form of loans extended to my business. BTC-BOND offers:
- 0.03% daily fixed interest
- Fully disclosed investments and statistics
- Extra guarantees (In case of Bitcoin price crash/Bitcoin going bust for any reason, 1 USD per 100 BTC-BOND lot is guaranteed, if you wish to make use of that provision.)

Since investments are disclosed, feel free to try and imitate the portfolio placements instead of lending or whatever else you wish to do with your bitcoins.

For full contract and information:
BTCT.co page: https://btct.co/security/BTC-BOND
Current Loan & Holdings state: https://docs.google.com/spreadsheet/pub?key=0AvwwyRGyc1WgdGFKVlAtZVAzOGNqS1Brd05MUlFlT2c

[1714812004]

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[1714812004]

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[1714812004]

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[Monster Tent]

I would be interested in this if only to hold bitcoins on glbse that are backed by actual collateral.

Will you be operating a wall to ensure liquidity in and out of the fund ?

[Namworld]

I do not, but I will usually buy back bonds put on market for face value minus GLBSE fee of 0.5% when I see any.  (0.00995 BTC and under)

[Namworld]

Expanding portfolio diversity with web hosting (25 000k shares of BitVPS) and Bitcoin Mining Fund (100 shares)

[🏰 TradeFortress 🏰]

Could you show proof of collateral?

[Namworld]

Would have to see if GLBSE can offer auditing service.

Ideally there would be API keys for fetching an account's content details and transaction history but that doesn't allow making actual transactions.

Will see what I can do about that.

[brendio]

Could you show proof of collateral?

I can confirm an off-market purchase of 25,000 BIB.BVPS shares by Namworld. However, I cannot say whether they are still held by Namworld.

[squall1066]

Tired of deposit takers:
- not disclosing what they invest in?
- invested in complex schemes of lending to others where the actual risk and trust is put among a chain of loans and individuals?  (Although it's usually re-loaned only once)

Were tired of deposit takers:
- Takeing our deposits and running.

[Namworld]

Well, just a note that BTC-BOND moved to BTCT.co since GLBSE closed.

Now pays 0.03% daily.

[danieldaniel]

Well, just a note that BTC-BOND moved to BTCT.co since GLBSE closed.

Now pays 0.03% daily.

Are you willing to do off-exchange sales?

[Namworld]

Well, just a note that BTC-BOND moved to BTCT.co since GLBSE closed.

Now pays 0.03% daily.

Are you willing to do off-exchange sales?

If you prefer, but we'd have to get a payment schedule that is not daily. The exchange usually handles that.