Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Terracoin (TRC) - Est 2012
by
johnwhitestar
on 12/10/2017, 08:26:01 UTC

I think dGovernment has to invest into the infrastructure we need to develop the TRC ecosystem creating the companies that are needed and than selling them to the best offerer once they are functioning, so instead of just spending funds we'll make even more to reinvest.

 

I don't quite understand what you mean.  Can you clarify?


I was thinking that instead of just spending money on services done for us we can create companies that will run the services we need. For example we don't have a direct TRC/Fiat cash out service (it just an example). So we can create a company that will do it for us and once the company is working well we can sell it to some private person or company making profits in TRC, so the dGovernment will have more and more money to reinvest.

If we created successful infrastructure, or services I don't see why we would sell it.

Typically you'll get at least one year of profits selling the company, but if the company is successful you may get much much more, so you basically don't have to work all that time to make those profits and can switch to the next project you have and let the company run by others (you'll may still hold a part of shares) so the TRC infrastructure will grow quicker, that's why I'm suggesting you to split the activities you want to be paid by the community, it will let you grow different companies and see whether they are competitive, putting a part those that are not competitive  and going on only with those that are competitive.
But I also think that if you are about to create a business using the TRC Community public money you probably should consider that business as a public business until you are running it on behalf and with the funds of the community and than sell it to yourself if you'll like to buy it later, otherwise I'd suggest you to ask funding for what you've already done and than use that funds to run your own company, without asking anything to anybody, but offering to the community the results to be paid for.