Lisk has 10.9k BTC and you mean, the Foundation can distribute just as 5000 BTC - so simple. Hah
Never said it necessarily going to be simple.
This is for the development of a future project over the next years! Do you really think investors have put money into Lisk, so that Lisk distributes this money again?
Lisk i a perfect example of an overfunded project, especially now since the value of the BTC in custody have risen like x3. I state that for the success (or eventual failure) of this enterprise it makes absolutely ZERO difference if the foundation holds 10.9k BTC or 6k BTC. Having money is one thing bringing all that money to being productive and earning actual positive net-value is a completely different thing. And not necessarily one that equals more money = more success.
Otherwise you could go to some idiot and give him 10m$ and go: Hey make some more money out of that!
But that's obv not how that stuff works.
I myself dont hold any Lisk nor do i have any other interest in Lisk. Just wanted to bring up an idea as i saw someone mentioned a buyback program, which is essentially very similar to paying out a dividend.
Just enriching your little discussion here, thats all, as i am under the impression that most folks in here have zero experience of basic financials and economics.
Overfunded is also just a way of looking, I think.
If an investor has given $ 100,000 during the ICO than not without reason.
I've never seen such a discussion in the Iconomi thread or at Waves or elsewhere, where people say "Please share half of the ICO money again".
But okay, you're right with the statement it's possible to make a dividend program.
But what happens if the Bitcoin falls again next year and the financial resources shrink? Should the Holders then return their dividends?
And what about legal aspects - non-profit foundation?
It's all easy to say, but definitely not so easy to make.
