How to make a money pool?
I want to create a money pool for my friends and I to share expenses more conveniently. Is there any good way?
How does a pool of money work?
Could you explain, in simple terms, how does a pool of money actually operate? I've heard about it in the context of investment funds and cryptocurrency mining, but I'm still unclear on the intricacies. Does it involve multiple investors pooling their resources? And how does this pooling lead to increased returns or efficiency? Is there a specific management structure involved? I'm really curious to understand the mechanics behind it.