Numeraire - worst part of NUMERAI - time to change

Numeraire
16

  1. Yes @numerologist, you are right! Buying tokes/shares of a company that is trying things that has never been done before is a BET. If the company/fund doesn’t work. You can loose all your money. I guess everybody understands that. Buying NMR in this sense is certainly a bet on the future of the fund.

  2. As soon as the fund starts generating profits and AUM grows, things become more predictable. Numerai can easily ensure (with the profits at hand) that the token price doesn’t fall below a certain level. I assume, we have already reached that level: Investor Letter

  3. Supporting NMR buy buying it on the open market and stating it publicly are two different things. The latter has legal consequences.

  4. On the long run NMR has a chance to decorrelate from Bitcoin and represent the true supply/demand balance of the stock-market-prediction economy.

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