At this point it's impossible to accurately account for the value of the "double pledges" because nobody knows at what price the Iotas will be bought for in the "Deal".
As for the foundation being created or not, I don't understand why the issue is so black and white. Surely a partially funded foundation is still worth having. I mean if we can reach 30,000,000 Iotas that is roughly equivalent to 1000 BTC at recent exchange rates. That's a great start in my opinion. Most crypto projects could only dream of having that much funding at such an early stage.
And I understand why David would want to collect mostly Iotas for the foundation because their value most closely relates to the value of the project/organization but I definitely think holding part of the funds in BTC is not only beneficial, for price fluctuations, but necessary because we will collect more funds that way.
Our method of contribution is also not so black and white. For example, when this all becomes more real and there is really an address to send to to make the deal happen, I will probably increase my contribution. Then, when I am compensated (at a price yet unknown) I will donate most of my proceeds to the foundation. If I'm very happy with the deal I may donate all of my proceeds. If the deal doesn't quite measure up to my expectations I may donate 70% of my proceeds. Either way most of the money stays within the Iota value system, which I think is important.
Good post! I think if donations cover foundation membership, and that membership has some benefits, then the target will be reached easily. Is the goal to have full-time paid staff working in the foundation? How much I donate (once there's an address) will depend on the structure of the foundation, so before we know that it's hard to pledge for something unknown, even though I'm supportive of the foundation in a general sense.
