You missed that GRC != $ ;)
32mill GRC = 2 mill $ at current prices. Would mean 2 years if the cap would be payed.
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You missed that GRC != $ ;)
32mill GRC = 2 mill $ at current prices. Would mean 2 years if the cap would be payed.
Setting up Foundation expenses as a percentage of the current funds, as I have proposed in the 2018 Budget thread would keep funds from drying for many years.
That percentage has a big problem: The oszillating price of GRC. And anyway I think you are taking it from the wrong end, waving the dog with the tail.
You put out "money to use", but shouldn't it more "tasks to be done"?
No, not at all.
GRC price volatility is there and we will not run away from it. It concerns Rob's proposal or anybody else.
In fact percentage proposal just puts a hard max cap for money available in a given period, so treasury doesn't run out of funds next year. You can't fill a cup from an empty jug.
Well, it's not different to what we have now; how money would be spent is another topic.