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Basic rules as in ”when the funds move from corporate account to founder account, is it a dividend, a loan, a bonus, or something else”. Basic rules as in ”not
by nikanj 4y ago
Basic rules as in ”when the funds move from corporate account to founder account, is it a dividend, a loan, a bonus, or something else”. Basic rules as in ”not printing our own tokens as collateral for our own loans”
- danielmarkbruce 4y agoThe first is a legal determination and maybe a contract issue. The accounting for it is easy - accounting for thousands/millions/billions of transactions is difficult. The second is not an accounting issue, it's a combination of legal and business judgement.