Quote from: markm on July 20, 2025, 02:34:25 PM

Oh good!

I think that is a payment from GMC slush fund to GMCF slush fund on behalf of one of the intergalactic mining Corps whose debt is with GMCF.

Initially GMCF's shares were held mostly by GMC rather than by GMCF's own slush fund, so that GMCF is one of the finance Corps from which GMC periodically buys back its GMC currency using shares of GMCF so that it can re-use the GMC currency to continue paying for the DEUterium deliveries.

Some future year the stockpiles of DEUterium will presumably start being used as currency backing commodity, both GMC and GRF have a deuterium token already created to represent DEUterium deliverable from their respective storage depots so one will choose to use GMCDEU or GRFDEU tokens depending on which Corp's depots you intend to have the actual commodity eventually delivered from.

Presumably the profit in that scheme will be the delivery fees unless they also end up floating the price instead of simply using the computed values regularly posted at https://galaxies.mygamesonline.org/deuterium.html

The finance Corps typically accumulate loan payments in their slush funds rather than putting them into their "treasuries", as they all still hope to buy up some of the debtor Corps for themselves if they can accumulate enough to pay off some Corp's loans themselves... indeed some of the Finance Corps already own outright one or more such mining Corps.

Like so much other game assets, typically owned mining Corps are NOT included in the "treasuries" of their owners, so such cases are yet another example of the massive underestimation of value the "treasuries" system deliberately accomplishes by design; if you don't know whether, or how many, other Corps a given Corp fully controls you are not really seeing the full value of the thing.

Which is useful in helping keep the calculated values calculated from the "treasuries" deliberately low.

Which in turn is useful because "spot markets" are so ridiculously crappy and "inefficient" at in any way indicating even vaguely any kind of intrinsic value.

Deliberately disigning the calculated values to be under-estimations helps keep it likely that the assets are most likely "really" ("intrinsically") worth more than the "spot markets" indicate.

-MarkM-

Interesting. So, these Corps could be sitting on a pile of gold but on paper they don't look as good. Doesn't that help them buy back their currencies at a much lower price?

iRaf

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