From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-3.v43.ch3.sourceforge.com ([172.29.43.193] helo=mx.sourceforge.net) by sfs-ml-3.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WXEDB-0005fE-Da for bitcoin-development@lists.sourceforge.net; Mon, 07 Apr 2014 18:24:01 +0000 Received: from mail-la0-f54.google.com ([209.85.215.54]) by sog-mx-3.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1WXEDA-0001kE-9R for bitcoin-development@lists.sourceforge.net; Mon, 07 Apr 2014 18:24:01 +0000 Received: by mail-la0-f54.google.com with SMTP id mc6so5094624lab.41 for ; Mon, 07 Apr 2014 11:23:53 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:in-reply-to:references:date :message-id:subject:from:to:cc:content-type; bh=LogBCl2kmMyCA+vTuctvxVaHXw1vZdqoYz6EQR5BNM0=; b=Not4W2JoqVxHqLgtz8mPXgmYQn9QiFZutK6G3SPz+nJJew05nLkKxd1Xao/pF4ZD5X 6l6bdK4LC5KEkZVBEZoEqHcLuvmpDkBoji4l5vTG8PthrJWyD0/feiHhsr6sTroKSzOO Oh2CnJnFIHjl6xWvYZF1IC1T11K2Kez/ZTdcpJrhvWEOslOJfbcuFFYPewRCWbTvH+Yi ifT8aES8sD/0OZNecN+G9DJ/sYTZfXV2lDZyq8WxsKJ1+2c33hV3dPTLzbm9B/tusV7t QwWMiwu+GJVE39wGGIi22yC24yq/x2H/7U5knnGEdEIHKz82duWuL2dNDqkP5bnFsvRx Z6ng== X-Gm-Message-State: ALoCoQnEVz1rnhMpXtQ/W8GLDKr7RLpWNNd35EjqhsPd8JPIxb5+jxHnM067Cl3jyO4IktKQ/O53 MIME-Version: 1.0 X-Received: by 10.152.42.230 with SMTP id r6mr3004521lal.32.1396895033516; Mon, 07 Apr 2014 11:23:53 -0700 (PDT) Received: by 10.112.60.196 with HTTP; Mon, 7 Apr 2014 11:23:53 -0700 (PDT) X-Originating-IP: [85.53.145.179] In-Reply-To: References: <5341E1FF.7080204@monetize.io> <5342BEE0.3050204@monetize.io> Date: Mon, 7 Apr 2014 20:23:53 +0200 Message-ID: From: =?ISO-8859-1?Q?Jorge_Tim=F3n?= To: Flavien Charlon Content-Type: text/plain; charset=ISO-8859-1 X-Spam-Score: 1.2 (+) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. 1.2 RCVD_IN_BL_SPAMCOP_NET RBL: Received via a relay in bl.spamcop.net [Blocked - see ] X-Headers-End: 1WXEDA-0001kE-9R Cc: bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] Feedback request: colored coins protocol X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 07 Apr 2014 18:24:01 -0000 On 4/7/14, Flavien Charlon wrote: > Ok, I guess I'm not using the proper terminology. It would be listed on the > "Asset" section of the company's balance sheet, is what I meant. No, it's an asset for the owner of the share, not the company, just like the gold plates are not assets for the company when someone else holds them. What you're doing is getting less capital for the company due to the money that is going to pay the gold costs. Are you rising capital or selling gold? It doesn't make sense to do both at once. You need money, why would you spend money on gold before asking for other people's money to build your company? Investors will appreciate the convenience of being able to buy shares of your company and gold separately (or not buy gold at all). It may even be more clear for other use cases different than stocks. Does an IOU written in a gold plate make sense to you?