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Author Topic: we can issue an IOU USD reserved by future network income  (Read 1371 times)

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January 19, 2016, 05:15:55 pm Reply #4

Offline abit

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Re: we can issue an IOU USD reserved by future network income
Quote from: alt on January 19, 2016, 04:27:18 am
it's dillution but not  for bts.
If you think a develoment worth 10000usd, make sure you can earn 10000usd for network. so your IOU USD is worth 10000USD
 
If you cant earn 10000usd for network, don't ask for the 10000usd payment
Hand a same tool to different person makes different results.
Profit comes from how to use the tool, not from the tool itself. The tool has its value, the how has its value.

Anyway, FBA makes more sense for both you and me.
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January 19, 2016, 04:27:18 am Reply #3

Offline alt

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Re: we can issue an IOU USD reserved by future network income
it's dillution but not  for bts.
If you think a develoment worth 10000usd, make sure you can earn 10000usd for network. so your IOU USD is worth 10000USD
 
If you cant earn 10000usd for network, don't ask for the 10000usd payment
« Last Edit: January 19, 2016, 04:28:59 am by alt »
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January 19, 2016, 04:20:11 am Reply #2

Offline puppies

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Re: we can issue an IOU USD reserved by future network income
That's still dilution.  It's just diluting with a promise to deflate later.  We could do the exact same thing with a worker proposal.
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January 19, 2016, 03:26:47 am Reply #1

Offline alt

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we can issue an IOU USD reserved by future network income
we can  issue an IOU USD reserved by future network income
committee will buy back this IOU USD with the network income
then we have money to support the development without dilution.
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