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1  Economy / Gambling / Re: BitcoinPokerLeague.net on: February 03, 2014, 06:24:30 AM
perchy

Thanks!
2  Other / Beginners & Help / Re: What will you do if bitcoin "wins"? on: December 29, 2013, 03:55:24 AM
Great point, traiz. How rich is rich?

No matter how high bitcoin might go, I imagine that I will always want it to go higher. Despite this, I am already living a comfortable life. I have my needs met, and I am not going to starve anytime soon. Does wanting btc to continue to rise make me greedy? Will being a fiat millionaire actually make me happy?

I don't know, but I don't expect that it would.

On a somewhat related note, I want to make a pledge to donate to charity. If bitcoin reaches X amount, then I will give Y% to charity Z.

I want to do this in a public space (this forum) so that it makes it harder for me to go back on my word when it happens.

I've never given a significant sum of money to charity before, so I'm a newb. Any ideas for plugging in the X, Y, and Z to my proposal?

"If Bitcoin reaches $800, I will give 99% to St. Jude's."

That's too steep of a commitment at too low of a price threshold for me. I still want to enjoy the bitcoin roller coaster for a while  Smiley

St. Jude's, however, looks like a very worthy cause, and I will consider it. Thank you.
3  Other / Beginners & Help / Re: What will you do if bitcoin "wins"? on: December 29, 2013, 03:33:31 AM
Great point, traiz. How rich is rich?

No matter how high bitcoin might go, I imagine that I will always want it to go higher. Despite this, I am already living a comfortable life. I have my needs met, and I am not going to starve anytime soon. Does wanting btc to continue to rise make me greedy? Will being a fiat millionaire actually make me happy?

I don't know, but I don't expect that it would.

On a somewhat related note, I want to make a pledge to donate to charity. If bitcoin reaches X amount, then I will give Y% to charity Z.

I want to do this in a public space (this forum) so that it makes it harder for me to go back on my word when it happens.

I've never given a significant sum of money to charity before, so I'm a newb. Any ideas for plugging in the X, Y, and Z to my proposal?
4  Other / Beginners & Help / What will you do if bitcoin "wins"? on: December 29, 2013, 02:50:04 AM
Hello fellow bitcoin holders!

It occurred to me that if bitcoin really succeeds in the way that some of us are predicting, then many of you and I will become very rich very fast.

We are talking between lottery winner rich and powerball winner rich depending on how many coins you're holding.

It seems much of the discussion is about how this is possible, and when it will happen if it does. In this discussion, let's assume that it's already happened. Bitcoin worked. Congratulations to us all, were rich!

Now what? How is your life going to change? Can you finally start doing that thing you've always dreamt of doing? You are better off financially than you were before. Is this a good thing?

Lottery winners (I'm using the comparison only because the sudden and dramatic change in bank account balance is similar to what would happen if bitcoin caught on). It's been documented that lotto winners do not live happier or more fulfilled lives since winning the lottery. Often in fact, they cite winning the lottery as making their life and their relationships with other people more complicated and making them unhappy.

I'm sure that won't be the case with any of us. We never really believe those lottery stories anyway. How foolish they must be if they can't be happy! How can they be miserable with that much money?

Even still, I'm curious if anyone has given thought to how their life would be impacted by having a lot of money. Even if bitcoin doesn't work out, it might still be an interesting thought experiment. And who knows, you might win the lottery someday?
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