no, i just used that as an easy to use example of getting value for value
i plan to keep the vast majority of the 10% intact until much higher values and use it only when it makes sense to
As it is I will have 57 BTC for the entire operating budget of SuperNET, the 10% working capital gives a bit more breathing room.
James
Thanks for clearing that up. And I think you meant 5700 BTC budget not 57, right? At least I hope. lol
There is only 1% available for working capital now!
That is ~57 BTC
The rest of the funds have strict usage guidelines and procedures, hence the request for extra 10% for working capital.
James
James is there any plans to "divest" from some of the nxt holdings?
Holding too much nxt or anyone coin is a issue since the nav would be impacted to a large extent.
The NXT is earmarked toward investing in companies that will be making products/services for SuperNET
The day to day volatility on NAV is not anything that I worry about too much. The price it goes up and down, what to do? The value, this can be improved continually and the price will catch up. The NXT can be used to finance dozens of small companies and in a way where the invested capital is coming back so it can be used over and over.
James