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58 sats \ 2 replies \ @grayruby 26 Mar \ on: Will Bitcoin replace stock-based compensation? bitcoin
Don't most companies issue shares for stock based comp?
If so, the cost is dilution of shareholders not a direct expense whereas buying bitcoin to issue to employees would be a direct expense.
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28 sats \ 1 reply \ @kr OP 26 Mar
yes, but dilution is a real expense to all shareholders - just an accounting trick to avoid calling it an expense
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58 sats \ 0 replies \ @grayruby 27 Mar
Agreed, as a shareholder I hate stock based comp but I understand why companies and employees like it. I would rather have Bitcoin but I don’t see it becoming a thing any time soon other than maybe with MSTR.
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