Listen up /biz/ here's something new. I made a crypto-oriented club at school and have over 80 signups of emails and phone numbers. Members are required to donate 30 dollars or more to the collective crypto bank that I control.
Now, hypothetically of course, how would /biz/ embezzle/abuse these funds, such that I make a profit and keep my head?
>>3466327
bump
>>3466327
Store it in a hard disk, and "lose" it.
>>3466327
>>3466383
>>3466327
How about you aren't a nigger and get the whole club into it / make a profit with the fund.
It's not like there's an IMMUTABLE PUBLIC LEDGER or anything.
How about this:
> Get everyone to donate the $30
> Interested students pitch coin investment ideas for 1/8th the fund ($300)
> Club selects the "best" 8 coins
> Automatically sell 25% of position at 25% profit, 25% of position at 40% profit, 25% of position at 100% profit and let the remainder ride.
> Reinvest sold proceeds through voting mechanism whenever it hits $300.
Have everyone in the class download blockfolio and follow the coins.
Create a whole army of crypto-geeks and evangelists who get their boomer parents to pay for my lambo.
Don't be a faggot, if you treat these fuckers right with their $30 they'll want to put in more and more. $2400 is nothing. Diversify and loan it out.