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RE: My thoughts on the future of Spinvest
In theory, it's a good idea but i think the reality would be under 10% would convert the paid out Leo tokens into SPI tokens. Personally i would not be bothered with the effort, mining is passive income where you set it up and forget it. Your comment has given me an idea.
If JK has a target amount of Leo he would like the account to hold, say 10,000-20,000 Leo's, spinvest can provide the SPI tokens without spinvest-leo having to sell Leo tokens until that target amount is hit. The Leo tokens would in effect just become SPinvest's holdings. This would only fix the problem short term but the price may bounce back before that time. And, just an idea to float
Posted via Steemleo
I like this idea @silverstackeruk - in effect we would be issuing SPI in return for LEO instead of STEEM. Takes the pressure off selling but is it in keeping with the "fully STEEM backed" principles of the SPI token?
As for a target for LEO - 1,000,000,000,000,000 - hehe.
Seriously, no reason why we can't aim to be the biggest hodler of LEO. Right now that is DTrade will around 150K