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Old 11-09-2013, 07:44 PM  
edgeprod
Permanently Gone
 
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Join Date: Mar 2004
Posts: 10,019
Quote:
Originally Posted by mineistaken View Post
It sounded like you were charging him 100% interest on the initial loan every single day. Like +0.1BTC for every day. Nothing like that was agreed (unless you spoke with him in private).
No, the original agreement was to double the money in a day. That'd mean ...

1: .20
2: .40
3: .80

... and so on, to day what .. 18 days late so far?

He decided to just pay 0.10 per day loan, which is fine with me. He's trying to be an honest guy, I'm not sure why it's so hard to wrap your head around why I'm forgiving 90% of his debt -- he's doing the right thing, so he shouldn't be punished. He's just doing a .10 BTC per day loan, which is fine as long as he needs it. It's not my business, as long as he pays.
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