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RE: Takeback by Buyback?

in OCD4 years ago (edited)

The best case would be an OTC sale of his stake to another benevolent organization who could use the nina mine for its original purpose and had coded restrictions in the dumping (max 5% per year or something to raise funds to fund development ) . Fat chance of it happening however. But if the plan is for it to hit the exchanges and get dumped in one go people will just fork it out and run their own token as the original token is worthless anyway.

I am actually bullish on all of this; I never expected the community to put up such a fight. If people are fighting over something it means it has intrinsic value.

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benevolence is fickle when crypto is involved. I know that it wouldn't be pretty to begin with, but it would allow for more market forces to price Steem and once it is all (mostly) out in the wild, there is a chance for a real floor to be found.

. If people are fighting over something it means it has intrinsic value.

Yup.

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