Quote from: rpietila on July 19, 2015, 11:59:43 PM

Quote from: iCEBREAKER on July 19, 2015, 11:21:15 PM

Quote from: rpietila on July 19, 2015, 07:57:56 PM

Today the general meeting of a certain Finnish company that already owns about 1% of XMR outstanding, has decided to refocus the company's mission to be a Monero fund, with the objective of converting its BTC holdings to XMR, and issuing shares to select parties and use the proceeds to acquire more XMR.

Heh, I love it when a plan comes together!

Proposal: RPEX

1. Beg, steal, or borrow TheKoziTwo's idle CN exchange code.

2. Host it on clear and/or dark web.

3. Use MPEX-style high membership fees and GPG rigmarole to ensure security and keep out unprofitable high-maintenance plebs. Maybe even stay private and invite-only.

4. Sell shares of the exchange on the exchange (RPOE.s)

It is a regular, unregulated all-purpose business registered in Finland dating back to 2010, with no tax payable unless assets are sold, 2% tax on the aftermarket transactions on the company stock, and possible capital gains tax depending on your jurisdiction.

We don't have a restriction on who can buy the stock, except that the deal must be private (may not be constantly advertised to unbounded number of people). To reduce hassle, minimum would be a few k. If you don't have that, you are probably in the position to buy the coins directly and don't need this.

Appreciate the proposal though Grin

Does the company lend bitcoins on Polo? For instance, if it is decided that the company will buy 2 btc*s worth of coins on daily basis, then just deposit 14 btc on weekly basis and lend out 10 btc or so and earn interest and thus prolonging the buying pressure and aiming at Titan?