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I think the idea is great, but only if the ETH can never be withdrawn without the board's consent, much like funding a a corporation where you'd need to be paid
by mangeletti 10y ago
I think the idea is great, but only if the ETH can never be withdrawn without the board's consent, much like funding a a corporation where you'd need to be paid a distribution or something, etc. - you don't just withdraw your money after the next VC enters the scene and drives the price up. If the ETH can be withdrawn at any time, then this is no different than a publicly traded stock... which is currently undergoing a pump-and...
As such, I've flagged the post, to avoid contributing to what's turning out to be a free(?) viral marketing campaign.
Am I wrong about the "withdraw" part?