Quick and simple.
No need to discuss how the assets from sold new currency tokens will be kept stable related to the pegged fiat currencies.
No need/time to think about revenue to make Nu sustainable when money is needed for bailing out NBT holders.
See? This is why I call Nu ponzi scheme and you as chief of liquidity operations the head of it
Out of curiosity: how will the new tokens be brought to market?
Have negotiations with exchanges already started?
Once again low spread BTC pairs?
What will be done with the proceeds after NBT buy side has been bolstered with fresh BTC?
Another round of NSR buybacks?
I’m almost tempted to gather a bunch of money for buying NSR now, a big load of new currency tokens later, sell the NSR in the NSR buyback, dump the new curremcy tokens, get my BTC back and have made a gain on the greater fools that come later.
Wait a second - that already happened!
Will it happen again?
…maybe I should let you, @Phoenix, do it. You already have so much NSR under control (and maybe some experience with what I proposed). It would be quite risky to get a stake in a business where all is decided by the chief of ponzi operations.
How easy could the reserve ratio be changed to suit the needs of the people playing games with NSR and other equity.
It will only be a matter of time until Nu is unveiled as ponzi scheme way outside this forum.
You still have the chance to change that.
Is that part of your plan?
Change it, introduce revenue after you have stashed enough cheap NSR?
I might sound negative (the truth sometimes is hard), but you, @Phoenix, are a dangerous scammer.
@sigmike, just to be clear: I don’t put any blame on you. You are just proposing to provide a tool. It’s @Phoenix’ decision what he does with it - use it for the good or for the bad.
I don’t hold manufacturers of knives responsible if somebody kills with them instead of using them for chopping vegetables.