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What? Are you promised the 70% interest contractually? This is either a scam or the best investment opportunity, ever. For reference, an 8% annual return is good in the stock market.

Why would you lend Bitcoin to someone? What's the use of it?

Funding criminal activities comes to mind as an immediate use.
70% interest? That's Ponzi scheme territory.
> The service is free of charge until November 1, 2017.

Gee, thanks!

To my eyes this has Ponzi scam written all over it...