Welcome Guest - Login / Register Forum - Brainstorm - How to pay of the FTQ (brainstorm)

Let me try again with a new suggestion:

Here are some ways to shrink the FTQ and create more activity.

All users already have several balances (Litecoin, BTC, MTV, PV etc).
Create one more balance, called FTQ and transfer all FTQ-balances to this.
Now people can play games and buy ads with it (not sure about buying rp's, need to think about that). (If bulk-ads would be a problem, that could ofcourse be blocked).
FTQ-balance cannot be cashed out. When MTV has cash, they can transfer some to MTV-balance until it is finally gone.

Some further suggestions:
tax the FTQ-balance

tax all accounts exponentially. When they are inactive and don't logon for a certain time, raise the tax. There are accounts with hundreds of dollars who are inactive for years already. This way you force people to at least check the site sometimes. Good chance they get active sometimes.
The extra tax that comes in can be used to transfer from FTQ-balance to MTV-balance for instance.
I would also tax bap exponentially, but the direct result will be less.

Offer to exchange some of the FTQ-balance to RP, but cap it so that the rp-market doesn't crash. There are some company-accounts which hold rp which can be used for this.
Start with a low amount for this, to feel how the rp-market reacts to this.

This is just a quick draft. Suggestions are welcome, at least if the MTV-team likes it.

stra
Traffic Value: $285.59089 Greece

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05/07/2022 22:39

Is there anybody here, that still believes that FTQ is going to get full paid?

I strongly disagree with Hoppa in terms of taxation of the FTQ.
We put our money in to get taxed?
It reminds me of Greece's (my country) taxation politics, tax everything just to get out of the difficult monetory situation.

Hoppa61
Traffic Value: $73,032.40453 Netherlands

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05/07/2022 23:04

Too bad you only pick one item, comment on that and don't say anything about the rest stra.
Just take out the weakest argument and shoot it, don't try to argument the total suggestion.

Your objection to the tax could be easily solved. Just don't tax active people.
Ps. I never mentioned taxing the FTQ, I mentioned taxing the new FTQ-balance.

And for your country Greece, wasn't the big problem that there was too much tax evasion? (you don't have to answer that, I know the answer already).

dguy
Traffic Value: $15,993.01608 Canada

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06/07/2022 00:18

I think using our ftq balances for gambling would be a great idea. Allowing that to be counted in contests I think would also be good. It will give them an unfair advantage in the near term but that would dwindle down in the long term. It would also give people incentive to buy and use for the contests. I think many would use it for advertising also if that option were open

stra
Traffic Value: $285.59089 Greece

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06/07/2022 09:54

@Hoppa61

Don't get me wrong.
I agree with the part of FTQ balance, but only for the ones that want to do so.
If somebody doesn't want to do that he shoyld not be forced to do it.

But, i disagree with the part of taxation as i wrote before.

And no, Greece didn't have that much tax evasion, that was used as an excuse to apply these heavy taxes on almost everything.

druth8x
Traffic Value: $22,417.44153 United States

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07/07/2022 04:52

No matter what you do to FTQ you have to give the respective FTQ holder enough time to respond. I'm not sure how long & often legally, and how many different (email, snail mail) ways either.

Same with RP.

When People spend "invest" money on MTV, they have fully had the reasonable expectation that as long the current people are in charge everything is safe.

At the very least, if you do remove it. Only remove it from the visible books. Keep a ledger of who and what, so if they do return, we can get around to paying theirs with next profits.

MTV is not for daily or even monthly, or at this point even yearly users, if they so want to be.

I've put all my activity for this company on hold. Yeah, I am reading the emails and have news thread notification, so do get sucked in from time to time, but I'd really just like to forget about this part of my life (and huge chunk of money aka more than a years current salary) for awhile.

I wish you all the best and hope to someday return to (1c? RP, $25? profit per day ads for my BAPgroup etc.)

MisterDD
Traffic Value: $7,429.94412 Croatia (LOCAL Name: Hrvatska)

1 like this post 3 people

10/10/2022 20:22

I gave great solution to FTQ problem, and not only that, improvement to whole market also. I will not repeat anymore, but for some reason all of that is not even considered as solution.

Only God knows why.

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