If you managed to get through the previus post:

The SmileyCoinFund donates to the SmileyTutor, which pays students who purchase stuff from SmileyLibraries and the SmileyCharity basically buys back those coins.

Since there has never been much of a market for SmileyCoin, for the most part this just stays in the SmileyCharity's wallet.

Further, the SmileyCharity is in charge of the 10 donation addresses which receive 45% of the coinbase. Three of these are actively used for UBI or forwarded to other charities.

As more coins leave the SmileyCoinFund and more students purchase more stuff, more coins end with the SmileyCharity. There have never been much of a market for SmileyCoin and the SmileyCharity has never really been able to sell many of its coins.

For the SmileyCharity it would be optimal if an active SmileyCoin market would exist, with some demand for the SmileyCoin. However, this has not materialised even though the coin is now almost 10 years old.

The net result is that the SmileyCharity is accumulating too many coins...

Give it another 3-4 years and the SmileyCoinFund will no longer be at the top of the rich list.

As this trend continues, we need to start thinking whether the SmileyCharity should eventually take over from the SmileyCoinFund, donating coins back to the SmileyTutor. The SmileyCharity has a mission to help students in slums and refugee camps to get into university. It doesn't really run the SmileyTutor, which is open software developed by the University of Iceland and Shuttle Thread, but if the coins can not be sold and just keep accumulating then the SmileyCharity may just as well donate them back to the SmileyTutor.

Comments welcome...