2/16/2012

🚗 First Bitcoins for Car Collateral

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On February 16, 2012, the first announcement appeared on the bitcointalk forum offering to lend the author 1000 BTC at 16% per month. The interest would amount to 160 BTC. As collateral, the author of the post offered a BNR32 Skyline GT-R, whose value at that time was approximately 4 times higher than the loan.