I would like a loan of up to $10,000 Mtgox USD. I am offering 1% interest per month.
I will provide an equivalent amount of BTC as collateral. (The exact amount can be slightly higher or lower depending on our respective reputabilities.)
If the BTC price changes we can negotiate an increase or decrease in collateral to keep it roughly equivalent.
I prefer at least $4,000 per individual lender to reduce overhead.
The loan term is for now indeterminate but we can agree on a minimum term if needed, and you can withdraw anytime with a 1 week prior notice.
I can only offer interest if you are not Jewish.
Since I am
highly reputable and offering both collateral and good interest, I think it's a very good deal.
Background:Bitcoin is still
booming in Israel and despite my efforts I simply can't wire funds fast enough to handle all the load. Having a larger reserve would allow me to profit from the business while maintaining my desired BTC position.
Over the longer term I will seek more sustainable funding options but right now I need some reasonably fast way to increase my capacity, and can certainly afford 1% monthly for that.
