He would become a slave to the demon in exchange for the gifts he will receive. History has shown rather vividly that it will not end well for him if he selects that option. Even if he had a chance of a blissful ending, he still won't choose this option until he is desperate and at his wit's end. He didn't want to be someone's slave after having enjoyed a life of luxury. To become the slave of a demon will be worse than having to live in a second-rate city
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