If you could generate enough profit within 5 years, to cover a loan that big, then you still wouldn't need a loan or equity sales. Just promise people part of the profits and they'll chase you down in the street, trying to get a contract.
Discussion
Try changing the chart to compare bitcoin to boitcoin. then we can stop getting distracted by this tangential chart and return to the actual conversation: the ethics of lending.
That would eliminate the rise in purchasing power of the Bitcoin over the term of the loan.
The rise in purchasing power of Bitcoin **with respect to the Euro**. lol, right! That's my whole point.
You're just making an argument about sound money vs fiat bullshit. If that's your only point, we simply agree. But you've somehow taken that point and wrapped it in a false argument about lending. Either you are making an argument about lending itself (in which case you should pick a single monetary context and stay within it), or you are merely re-stating the sound money thesis in an irrelevant costume (lending).
Like I said. You think Bitcoin purchasing power will only increase against a fiat currency, and that it is not a core aspect of the currency, that the new supply unlocked steadily shrinks, while the economic activity covered expands, causing a steady rise in purchasing power, for the rest of our lifetimes.