# foundation money

This knol is part of the collection: related knols

imagine a stock, named A (the law of one) .

everyone can open an account by paying money to Chrissy K , our secretary .

with the account one takes part in an auction .

e.g. Randy gives chrissy $500 : acc1: $500 .

after a week (or two ..) there is an auction .

if acc1: $500 is the biggest account , then Randy gets A and the foundation gets the $500 .

now Randy splits A into B1 and B2 .

after a week (or two ..) there is an auction .

imagine there are two new accounts : acc2: $430 (the pledges) and acc3: $400 (me) .

then Randy gets $830 , the pledge payers get B1 and i get B2 .

now B1 and B2 are splitted into C1, C2 and C3, C4 .

after a week (or two ..) there is an auction .

imagine there are only two accounts : acc3 (i payed again $500) and acc1 (Randy payed again $330) .

then the pledge payers get $830, i get C1 and Randy gets C2 .

if there are no more accounts then the foundation has $500 to pay out the wuffy, Randy has $0, the pledge payers have $400 and i have -$900 . and that it is worth for me .

but then a wise man does not stop his brain at any point of time. it is in search of excellence always .

so imagine there is a speculator . he knews, if he opens an account acc4 : $550 before the last auction, the $500 (acc3) and $330 (acc1) are for him on the next auction . so he pays $550 .

but there is another speculator . he knews, that if if he opens an account acc5: $600 before the auction, the $550 (acc4) and $500 (acc3) are for him on the next auction . so he pays $600 .

directly before the auction, the first speculator increases his account acc4 to $650 and gets B1 .

now for the next auction we have acc5: $600, acc3: $500, acc1: $330 .

no, that is not quite correct .

acc4 gets C1 and acc5 gets C2 . so the owner of B1(the pledges) gets $650 + $600 .

appopriate acc3 gets C3 and acc1 gets C4 . so the owner of B2 (me) gets $500 + $330 .

for the D’s we need at least 8 accounts .

if there is the next auction and there are not enough accounts, we have a financial crisis .

anyone an idea?

to wait till there are enough accounts is not a good idea .

better, if our government (foundation (better: google)) guarantees to buy always the rest ($5 each) .

so there is a new model . first we need guarantees, then we can make auctions .

well, i guarantee to buy the rest ($5 each) till a sum of $1000 .

now the auction can start . auction day is 5/1 . acc1: $5

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