Interesting article. Many people confuse owning a coin to owning stock... It's clear that most coins which are closely linked to a specific company/product are overvalued.
As we learned with ICN, owning tokens doesn't entitle you to much... Iconomi can just switch the strategy from dividends to buybacks without any repercussions. Maybe they'll just drop the buybacks if they feel like it...
However, I'm still hoping Iconomi does the right thing and rewards it's investors (coin holders).
Interesting articles on the advantages of buybacks:
https://hackernoon.com/the-iconomi-burn-crypto-buybacks-f9edb30530fe