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undeRGRound/UNDY
@underground
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ONLY ONE OBJECTION:

and it's strictly from a legal standpoint, Personally I like the above plan...

Check and see if there are any legal hangups for converting to USD on 2 separate basis.

  1. ETH and LEO were input, LEO Mooned and ETH collapsed.
    ....a: making the SPINVEST investors WHOLE is a great idea, but is it kosher?
    Do we need a vote from the LEO Poolees?
    ....b. Is using the "USD" strictly a point of reference, I know that in the USA there are various tax liabilities if I convert to USD or certain USD Stable Coins. That is exactly
    how my tax pro worded it for me.

  2. Just make sure we are fulfilling the whitepapers and agreements of #1, SPEW and to a lesser extent,
    #2, Spinvest.

I had a long discussion on this exact topic with my current lovely assistant and it was fruitful for
uncovering the possible pitfalls. IMO if everyone (or a majority) agrees this plan is the BEST
and the most FAIR. Making SPI liable for losses only is a bad dealio, but we gotta CYA as we say...

CYA = Cover your Bum 🤣

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