Apart from not having the funds to lend to a friend, why would I have to lend money to someone when some people or organizations offer such a service?
Because your friend will seek help from people around him before he taking a loan from sharks, banks or other organizations. You don't need to submit any information and you don't have to pay interest (depends on the agreement, usually it's friendlier), so I'm not sure why you can say like that.
Don't also forget that lending money to a friend or relative also has some repercussions. Your relative or friend might not willingly pay back a debt because of a close relationship. They might be trustworthy but the closeness might mark them default because they know that there will be no penalty and you will always consider them. It is ideal for your relative only funds you can afford to forgo.
If you think your
trustworthy relative or friend won't repay back the debt, it means they're not trustworthy.
It seems like you're too early to label other people, you shouldn't label them
trustworthy just because they're your family or they're nice to you. Test them with money, live together with them, act stupid, act like a poor, etc you will know their true faces.
I will give more context in a few days, everyone is free to leave their opinions and there is no wrong answer. Just curious what people think of that specific word. There have been some great replies so far for both sides. On the weekend I will post why I asked the question.
Apologies for precedes you, but this might be the context you meant.
He said he didn't take any responsibility for any deals, but not everyone will agree with that since each DT user has a different brain. At least he's one of respectable user, so I don't expect his reputation will ruined just because that newbie become a scammer.
If I were him, I would create a thread to post all evidences of our trade, and then use that thread as reference of my feedback. I won't give any vouch, but at least I've show if I've trade with him without any problem in my feedback.
Hello.
I'm the member who'll vouch for OP's authenticity. I know him personally. He is a gambler with significant member levels in crypto casinos. Newly introduced to bitcointalk. I was the one who asked him to sign up to the forum.
OP wagers heavy, on favourable deposit conditions offered to him at casinos thanks to his membership levels. Those bonuses help him with his strategy. My understanding is he takes on a certain risk exposure, which he has collateral for elsewhere, but has limited capacity to free it up quickly because of fiat concerns.
What I am not doing with this "vouch" is providing any form of guarantee or taking any responsibility for potential deals. My vouch is purely on OP's authenticity, as a personal favour. This is not advice to take him up on his offer. Gambling is high-risk. OP balances that with his favourable conditions, but it doesn't eliminate risk.
All conditions would be up to potential takers to negotiate directly with OP. I recommend a brief but clear contractual agreement to cover specifics such as timeline, payments, and what happens in the event OP loses that deposit.
For me
the loan is unrealistic, if he can make money from gambling, he can do it using his own money.
