The Bubbly Bank of Neoxian: loan contract: @thejohalfiles: 2017-11-11

in bank •  7 years ago 

The Bank of Neoxian shall loan the sum of 300 SBD to @thejohalfiles. He promises to repay 350 SBD by December the 1st (2017).

Please sign below...


(pic from http://insiide.people2people.com.au)

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SBDs in bubbles. @neoxian, you always throw me off my feet. Nice deal

And what is all this dark magic?

Small loans, done on the blockchain.

And pardon me if I'm being rude, but, why are you posting about a loan you made to someone? Is this how the loan is done?

I'm preserving our contract on the blockchain, where it can't get edited or deleted, so that there will be no confusion as to what our deal was. In the normal internet, things can be altered or deleted.

This is how I protect myself, if there is a problem, I can point to this post and say "hey you agreed to this!"

Sounds logical. And smart. Thanks for the explanation.

Behind every loan, there has to be an interesting story!

@neoxian,
That would be a nice deal! Congratz for both sides!

Cheers~

Why does he need 300 SBD loan? Not rich enough? 😄

if he would power down for a week he would of got that sbd.

He is supporting a great service.

Cg

At least you know he is good to pay back xD

Nice post @neoxian