Sitting on 50BTC worth of education equipment (also can be used as collateral) to be sold in 6 months for a total of 54BTC (contract price). I would have paid my supplier upfront but a family emergency has me spending the money elsewhere and a friend suggested i look into BTC as i am not incorporated long enough for banks to consider my size of loan.
What exactly does "sitting on" mean? If you haven't paid the supplier then you don't own it, do you?
Also could you please be so kind and tell your friend to stop sending people here to ask for money. Thanks.