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.
those numbers are true but put it this way. The bond is only (and always) worth 1BTC. Say you buy 50bonds at 100BTC well you can try to sell them higher but you can always sell them back to goat at 1BTC. No matter what you pay for the bond your always getting 6.5% of their true value, not 6.5% of what you pay to acquire the bond.
In your scenario your paying 200BTC for 100 bonds which are valued at 100BTC. (each bond = 1 BTC)