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Topic: Re: New IPO [GLBSE] [Bakewell] - Finally, a transparent investment that will grow! (Read 340 times)

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Activity: 224
Merit: 100
That is what I figured, it just didn't make sense to me and seemed a bit unethical.

The only way I can see it being "ethical" is if you invest idle BTC until you have enough to purchase appropriate equipment.

COGNITIVE has done this very thing to help keep the dividend yield up for investors.
You can see the motion here.

I would entertain that idea once we are up and running  -With the growth fund BTC, gaining on it until we expand hardware.
I still think the risk is far to high to do something like that with initially raised funds.
Absolutely must keep the ipo funds safe. Only going to put them toward hardware.

-- This leaves me with the Discount/Bonus option incentive & Deploying gpu's as the funds become available to start immediately generating mined BTC for dividends

Working this out right now, haha everyone is going to see me thinking out loud.
 Lurkers - please chime in.





https://glbse.com/asset/view/BAKEWELL
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