2 ms·
It's a license to print a specific amount of money every year. So the party who would want to sell it is the party who wants an enormous pile of money right awa
by zrm 6y ago
It's a license to print a specific amount of money every year. So the party who would want to sell it is the party who wants an enormous pile of money right away instead of a large amount every year indefinitely.
It's inherently suspicious when that party is supposed to be a non-profit, because they should generally want to keep doing their work going forward instead of cashing out like some kind of for-profit corporate raiders.
- kevin_thibedeau 6y agoThey could have set aside 5% every year and ended up with an endowment and retain control of a continuous revenue stream. Responsible non-profits would do this as a matter of course.