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Kmets
@kmets_
@aladdindao Maximalist | Kmets.eth
Joined March 2011
1.7K Following    3.4K Followers
Buyback and burn is a monetary policy AND a marketing strategy. It is not a useless strategy, despite what some folks would lead you to believe, but it is also not the “end-all-be-all” strategy for solving tokenomics and creating token value accrual.
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Buyback and burn is not a payment and does not imply ownership. It's a monetary policy of sorts, where all ownership rests with the company, and no ownership is afforded to the equity/token holder. From an accounting standpoint there is NO income payments.
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