This makes no sense to me. Payouts should be to the address of record. If there is no other address of record then it should be to the address used to buy shares in the first instance. These transactions can already be verified on the block chain. No other validation should be needed to satisfy fiduciary responsibility.

I don't know Willem. I don't know 29750f0e1c2fbb3bb. I don't need to. But neither author has done anything here to validate that they can do anything more than waste a reader's time playing games. They've done nothing that would justify anyone playing those games. The only value I can see in this exercise is as entertainment (if you find those sorts of things fun). But I suppose trolling to calculate rates of attrition is another possibility.

Then there are the payouts that are below the threshold for withdrawal. Enough of those in enough different locations and a distribution isn't really a distribution is it?