would a susu or lottery system work on BGOL??

[prose00]

https://en.wikipedia.org/wiki/Susu_(informal_loan_club)

https://en.wikipedia.org/wiki/Lottery

Don't really have the logistics on how to implement either on here, but it crossed my mind.. Basically an ideal way for brehs to gather money.

the lotto is prolly more doable tho. We could have a monthly drawing where each participant throw in 20$, the more you invest, the better your odds.. Month end, one member cashes out, and @HNIC keeps 20% of the pot for "board maintenance" & what not.. At least we all have a good chance of winning considering our small pool.

But who gonna regulate all this??

And perhaps you IT geeks on here could develop a lotto app , if there aint one on the market already.

I guess trust would the be the #1 issue tho

 

[darth frosty]

Brother @playahaitian spoke on this in the past and made me aware of susu economics

https://www.bbnomics.com/wp-content/uploads/2013/10/SusuEconomicsHistoryofPanAfri2.pdf

 

[Mixd]

Guess trust would the be the #1 issue tho

That's always the number one issue of any SuSu hands.

 

[darth frosty]

It was playahaitian and Mrfreddygoodbud

and our people was into su su economics big time...

before civil rights...

we need to get back to that... interest free loans to each other...

Real talk

My island people bought houses off that he'll I paid for my wedding off that.

Yea it can be done but with trust worthy people...

If it was to be done here contracts would have to be signed....

The nicest people could get real selfish and inconsiderate when it comes to money.

And there was a situation here where a dude was trusted and ran off with folks loot..

We would need protections against that which mean the bgol anonymity would have to be shelved we would have to be on some

Know your partner shit.

I could see the financially immature getting real stupid when he vets his hand..

I was in one for five hundred a week a 25000 hand meaning g when your turn came you got

25000 dollars...

It was an ol skool trini lady in charge and she was no joke getting that money she got gangsta real quick her sons were her goons..

I really took her such leadership for granted you always got your money even when folks

Fucked up

 

[prose00]

It was playahaitian and Mrfreddygoodbud

Valid points

 

[badboyyawdie]

I would do it.

 

[TENT]

Trust. That is the problem. Someone is gonna eventually get the bright idea to just withdraw and bounce.

I would love to do it. I just don’t trust niggas. It is sad.

 

[darth frosty]

 

[Rembrandt Brown]

there was a situation here where a dude was trusted and ran off with folks loot..

Who was that?

 

[CoTtOnMoUf]

 

[Flawless]

I vote Dadon be in charge of the money

 

[EGO-TRIP]

I vote Dadon be in charge of the money

mutherfucker... that hurt !!!

 

[darth frosty]

Bump

 

[Quek9]

bookmarked, I am about to join one.

 

[TENT]

With BGOL niggas?

bookmarked, I am about to join one.

 

[Quek9]

With BGOL niggas?

Nah

 

[TENT]

Lots of immigrants do this and have made big success and business ventures in their new countries.

 

[playahaitian]

Nah

Bgol alumni could do it and no dry snitching have worked together in a similar capacity in the past.

But the current incarceration

Not so much

An investment group to me seems more responsible

 

[Quek9]

Bgol alumni could do it and no dry snitching have worked together in a similar capacity in the past.

But the current incarceration

Not so much

An investment group to me seems more responsible

For reals. I saw an App for it called sou sou savvy but it is not available in the US. We would need an APK

 

[SKATTA]

Trust
trust
trust

 

[A to Dah K]

I never understood these things. If you paid yourself that same “hand” every week(automatically withdrawn into an online account) you would get the same outcome...no?

 

[Drayonis]

Not with people you don't know. So HELL no.

People who know each other fall out all over susu all deh time