I have written about this before. I have written about what if I needed money and sold our BTC, who would know if I kept reporting it in the weekly earnings and holdings report. I could run away with $250k from SPI and LBI and very little anyone could do to stop me. I have written about this before, I dont wanna be active within SPinvest forever, I'd prefer to just watch others grow what I started and collect my weekly div's.
At the end of the day, we invest in people when we invest in a start-up which is what all of the projects on hive-engine are, we take that risk. Pick your investments like you pick your friends, wisely
I get where you're coming from, im trying to set up LBI to not require me by setting up teams of 3's, each team focusing on a certain thing. Removing myself, in the end, will require a new banker to take over my role and that's it.
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That's helpful. Thanks.
I've not really thought of the projects on hive-engine as start ups before. In fact, I've not really thought about such things at all to be honest. I've just dabbled. It's only now that I'm thinking about investing more in fewer that it's come to the forefront of my mind.
I'm entering another phase in my crypto/investment education. 😁
Thanks as always for your thoughtful reply. I've learned a lot from you since joining SPInvest and continue to do so.
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