once you hold the bond it will last forever!
you get 6.5% each week, there is no buy back silliness.
yes this will kill all the other PPT stuff...
If you pay more than 1BTC, you won't get 6.5% per week. You'll earn 0.065 BTC per week per share, so if you pay more than 1BTC per share you will make less than 6.5% dividends per week.
the first week will be lower, but after that it will be 6.5% if you do the math, the furth you go out in time the closer you get to 6.5%
No offense, but I don't see what you're saying. There might be some aspect of this I'm not seeing. Are you paying a fixed return per share, or will you return 6.5% of the actual value of share (average of bid + ask or something). Let's pick a big number to make the differences obvious.
Scenario:
The shares sell for 2BTC each. I have 200 BTC, and purchase 100 shares. The first week I receive 6.5BTC dividend, a 3.75% return on my 200BTC. The second week, I get a 6.5BTC dividend, again a 3.75% return on my 200BTC investment. The numbers don't converge, I'll always be receiving a 6.5BTC return on my 200BTC investment.
Is that not how this is going to run?
Thanks for clarifying it.