For whatever it's worth I think you've done a great job answering the question in it's entirety. The moment lending/repayment and interest rates enter the equat

For whatever it's worth I think you've done a great job answering the question in it's entirety. The moment lending/repayment and interest rates enter the equation with crypto currencies (whose value _completely_ floats) and deflates its issuance in a lot of scenarios - all bets are off as far as repayment goes. Their is no business plan to account for such swings. The thing we've been saying for ten years on IRC is Bitcoin loans are gifts, because that's what they are. I've had enough loans defaulted on to definitely tell you and agree with this premise: once lending enters the picture, your money is just another row in a database.