QOTD stolen from twitter
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If a generous relative says he will send you $500k, but can only be in one of the following forms, which do you choose?
1) cash
2) gold
3) bitcoin
4) land
5) AAPL shares
6) any bond of your choice
Which do you pick – and why?
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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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If I get to pick it, land….Otherwise, gold but only in collectible gold coins…
agree with both, but would forego the neumismatic value coins for bullion, when the chips are down no one will care how rare a coin is, just the purity and weight
Yall ain’t that bright lmao.
Cash is the only answer and the correct answer.
It provides flexibility to buy anything.
Yall will always be poor lmao
Cash is nothing more than a note that entitles you to buy something of it’s indicated value, with it’s true value fluctuating. It’s not true wealth, it’s tertiary wealth. The best answer here would be Land or Gold.
Land.
Grow food on it. Raise animals on it. Sell/use/trade resources from the land.
Freeze dried food.
gold.. some of which would be promptly exchanged for land and the means to defend it.
Agree but probably all of it for good farmland with water in rural East Tennessee.
I’d take the cash. The dollar is still King because of convenience. It’s easier to use the cash to buy gold, crypto, stocks, land etc. than the other way around. The others are better stores of value but they’re more inconvenient for transactions.
Get paid… BWAAAHAHAHAHAHA…
My income last year was $2260.00 Up from last years income of $2057.00. Forgot what being paid was actually like…
In a hundred years I might be able to buy an acre of dirt… I better start saving now…
Give me land, lots of land.
The problem with choosing land is: which land? Land in Antarctica? Land that he paid too much for?
A.older woman that I knew, had a land grant framed and on her wall. I asked her about it. She said that it was for land granted to an ancestor of hers who fought in the war of 1812. But it turned out to be worthless as apparently the land sank under the Mississippi River after an earthquake.
And in these times a plan to defend it.
Sign up with your employer to get paid in land and they will give you title to a sand bar.
NEWS FLASH>>>>>>>>>>>>>>>>>
New Mexico has just passed a law for legal weed. ANYONE 21 y/o or over may purchase up to 2 oz. per purchase (damn).
New Mexico may soon be the happiest state in America.
Why do you think that’s a good thing?
If you wanna smoke pot, then smoke pot!
I don’t understand why you kids today crave the government’s imprimatur for your pursuit of happiness.
If you think this is a blow for freedumb, you need to flush out your headgear.
The bureaucrats are furiously writing thirty thousand pages of new regulations regarding every conceivable aspect of who, what, when, where, and why you are now “allowed” to toke up.
At some point, the penalty for having untaxxed marijuana will be ten times worse than simple possession ever was.
But by all means, go ahead and use your Citi card to buy a lid or two.
Then see what happens the next time you sign the federal 4473 form.
$500,000 – that would be about 250 oz., or 7.5 kg gold.
Generously and often. Other than that I’m not picky.
Cash. Then I would buy Dividend Paying Stocks and Interest Bearing Bonds. $500K × 7% return is $35K a year. I need the cash.
Right now, today. Gold or Roubles.
First choice gold. Untaxable and untraceable.
Second choice. Bitcoin. Can be converted to anything else.
Land. Too variable and can be taxed.
Cash and bonds are debt instruments, which I avoid
BTC. Then I would trade for Eth. Eth is the coin of the realm for the decentralized world computer. The applications that are running and being developed for the Web 3 environment create utility that will ensure longevity. Further, Eth 2.0 will launch this summer reducing the gas fees substantially enough for low brow users to enjoy.
Land. I’ll take as much land around here as I can get my hands on. Mostly to keep developers at bay. The question is, how much can I do to keep our immediate area semi-rural?
As long as you are getting $500K it doesn’t matter what form it is in. That is like asking which weighs more, a pound of rocks or a pound of feathers.
it still matters what form it’s in.. the pound of rocks fits neatly into a pocket, the pound of feathers fills a whole sack.
Gold, because it’s then redeemable for any of the other choices.
Although, DixieFlyer is right…..I don’t think I would be too picky about it…..
Can I just get paid in craft beer and liquor?
6) any bond of your choice
Bondmaids! You can never go wrong with slave-girls.
7) Heirloom Seeds
9mm and .223 rounds are both fungible commodities, right?
Gold. Real money, store of value, fungible, accepted everywhere.
I would immediately go and exchange it for silver. Rounds, 90% coins, Amer. Eagles.