so over 7mil was raised in the ico.. which a portion will be used to fund development of lisk.
may i suggest the devs hedge its value incase of bitcoin catastophy.
possibly something like this would be good idea.
50% vautoro gold
50% slit up over USDT, ETH, BTC.
just a thought.. as wouldnt want a btc crash, to also crash development of lisk.
Fuck no! Gold, USDT, ETH are way too volatile to invest our hard earned BTC in !
I suggest they convert 25% of the 7M to USD right now to get the ball rolling with new staff payroll & and keep 75% in BTC, only because BTC is supposed to rise this summer with halving.
. Drip BTC to USD or convert amounts where needed for fiat expenses. Payroll in BTC where possible. Avoid holding a lot of fiat where possible. ETH investment pays dividends twice - once with inevitable rise in price, second as I have feeling positive ETH market sentiment will have positive effect on LSK trading.