I have a big interest in getting the peg recovered as well!
But I have an even bigger desire to get accounting done.
This is one of the main reasons I identified for Nu ending where it is.
Getting the peg recovered on the expense of NSR is not what anybody should want. I doubt itās possible this way.
There are way too many NBT out there.
You are at an NSR rate of 1 Satoshi, before you are even close to having enough of your NSR assets converted to other assets.
Revenue is the key to making a credible next attempt!
Itās the only way to get the debts covered.
Iām only advocating a 1:1 peg, because I donāt see how youāll get from $0.1 back to $1 - not that a peg at $0.1 would work without revenue.
Just imagine thereās a sudden demand for NBT and you sell NBT at $0.1, because you change the rate of NBT/USD from 1:1 to 10:1.
How will you ever get the rate increased back to $1, if not by buying NBT, which you sold for $0.1, for more than $0.1 (up to $1)?
Where will you take the money from?
This is the main reason why Iām advocating for creating revenue schemes first and starting a new pegging attempt after that.
The first pegging attempt failed.
The second needs to be much better.
I doubt thereās a third chance.
Shareholders, giving a newbie like @Phoenix, who clearly has no idea how liquidity operations work, discretion to continue a path that obviously lead to nothing but failure, would be the last thing you should support.
This JordanLee sock puppet attack is not exactly helpful.
Posting the same crap from different accounts doesnāt support the bad ideas, for the people recognze them as what they are.
If you want to help, @Phoenix, @JordanLee, @IAmJordanLee, @allJordans, publish data.
Reveal addresses and balances.
Give us reports for each month, which include the costs etc.
