Quote from: Dorky on July 26, 2017, 02:28:37 AM

Quote from: azmojo on July 26, 2017, 02:12:57 AM

I agree that your suggestion of a FAQ would be a benefit. However, I would also agree with Reggie's implied position that it doesn't matter if we have one or not. Clients like the JSE or top 9 stock exchange don't need a FAQ, and that seems to be where Reggie is hyper-focused right now, and that probably is more important. He is more interested in acquiring new customers than pandering to us token holders, and I can't fault him for that. If a noob comes in here once a week and asks about the market cap, it really is no loss if they don't get an answer.

Soon we will have press releases for several major deals that are in the works, and that's all we need really.

Having a comprehensive FAQ matters a lot. Here's why:

1. JSE and others (top 10 stock exchanges, MNCs, doctors, etc), while they do buy without any FAQ, their reference price is from the exchange where VERI is traded, i.e. EtherDelta.
2. EtherDelta's price of VERI is determined by our participation, i.e. buying and selling.
3. Our buying and selling is determined by expectations, i.e. having a comprehensive FAQ in place, in addition to many other things.

If expectation is bad, price will be negatively impacted.
If price is negatively impacted, an institution that purchased the price at much higher price before the impact will lose out (they bought less than they can now).
If such impaired purchases continue to happen, there will be loss of confidence.
Loss of confidence will be another expectation factor.
And the cycle repeats.

Doing a comprehensive FAQ is not a super ultra challenging thing to do. Any Tom, Dick, and Hairy can do one. Even a Dorky person can do one. But that doesn't mean it is not important, or not significant.

Having a FAQ in place will not cause the price to explode sky high, but at least it will reduce the price volatility by helping people to get more informed and restore confidence.

Reggie likes to compare with companies like Microsoft, Facebook, etc, but I believe all these companies have a form/type of FAQ in their websites. So how come Veritaseum doesn't have one? This is where Microsoft, Facebook, etc are used to justify oneself being right, but not when oneself being wrong.

You know what, a Rolls Royce doesn't need leather seats to run well, but it being a luxury car, having leather seats makes it the premier product it strives to become. You will look at Rolls Royce cars differently if they don't have leather seats, but instead have PVC ones. And Rolls Royce may probably have to adjust the price tag a little bit lower. And if they have PVC for seats, plastics for dashboard, Made-in-China stereo system, etc, you can bet Rolls Royce will have to lower their price tag even lower. The CEO can argue why the car doesn't need all these "fanciful" stuff to be exquisite, but I am very confident even Reggie will not buy the CEO's story if he plans to buy a Rolls Royce.

Please note that the JSE and others are not buying to make capital gains. They are buying to redeem the tokens back to Veritaseum. Also we are working on short videos that will explain concepts that many find difficult to understand. If you could come up with a list of questions for the FAQ to start with, I could do that aswell.