AITA for offering my friend 50$ when he asked for 1000$

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AITA for offering my friend 50$ when he asked for 1000$

my friend desperately needed 1000$ I could have given it easily, but I don’t like lending money because I’ve had bad experiences in the past.

So I told him I could give him 50$ as a gift instead, because that’s the most I would give without expecting anything back.

He got really offended by the small amount and called me to tell me how offensive this was to his situation. I called him ungrateful. At that point we were friends for like a year, he made it seem like we were best friends when he asked for money.

Am I an Asshole?

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