Recently Taal President said they will be increasingly seek…
Recently Taal President said they will be increasingly seeking to hold onto their mined BSV. I think this hodl’ing is one of the major reasons BSV is slowly inching its way up in USD price. The flow-on effect sees Taal holding an appreciating asset. Smart.
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link pls
https://noble.mediasite.com/Mediasite/Play/e7a0f91396de4d8b8b218aac372b05c51d
Was from a few weeks ago, it’s a very impressive concise talk.
Really? sources ?
It was from about 2 weeks ago. It was a pretty clear point “goal to keep it all”. As an investor this is the type of action I really liked hearing. See above link I posted at the 18 minute mark.
sweet had to open the thread to get the link 👍
I ‘m guessing, but I think the 2nd USD $3.5m “friendly loan” was in BTC. If so, selling this to fund operations then use capital to mine BSV which “overtime goal to keep it all”. This hodl’ing coupled with fiat paying customers for txs processing is smart!
I'm definately in for the long haul these are investments I like , if I want short term satisfaction sometimes slots pay out quicker lol
Taal being a hodl’er is extremely smart. They’re business is allowing customers to create the BSV world. So whilst these customers pay Taal fiat the BSV economy emerges as a result. This will increase BSV price so one-day Taal will inherit the World imho.
yep and when all coins mined maybe start a loan program 😎
BSV inflation is now circa 1.76% pa. Circa 165,600 blocks to next halving, at that point inflation circa 0.84% pa. Maybe then a loan program is reasonable. BSV is so highly concentrated we would need to monitor what this eventual dispersement meant too.