Quote from: VolanicEruptor on December 14, 2013, 09:55:48 PM

Quote from: arousedrhino on December 14, 2013, 09:48:41 PM

Quote from: VolanicEruptor on December 14, 2013, 08:56:41 PM

Quote from: Jasun7211 on December 14, 2013, 08:50:27 PM

Not with the stock price in btc. Conversions are another game. Do you convert your shares of Petrobras priced in usd to Brazilian Real constantly, although most of their sales are in Reis?

when ken receives a US dollar for selling hardware, what do you think he does with it next if he wants to pay the shareholders?

He keeps it in USD. We also have miners which make BTC. Any USD taken in a sale should be kept in USD and used for operating expenses that are paid in USD which are probably most of our expenses. If he wants to pay shareholders he just sends out the BTC equivalent on that day to the dividend address. Theres no need to make conversions if our sales are good.

profit from usd sales are supposed to be converted to BTC and then paid to shareholders as dividends. Profit is after expenses have been paid.

Ooh ya, good point, but does that also mean that he has to convert all that profit right away. I think it makes sense to build up a fiat reserve from the profit before distributing profits to shareholders that way if BTC is down and we need some cash we don't have to convert it. We can withdraw from the fiat reserve.