choose an option

[Faisal2202]

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

I got your point here but is it some type of survey I mean if yes you should pay us  (just kidding) Well, before reading the C option I was going to choose option A because Option B is not right for me, If I will get lumpsum of $480k in my bank, (which might not have that much limits to receive funds) I might be questioned by the FBR and I have to pay huge taxes which I might not tend to pay (of course giving always huge amounts is not an easy task) So I prefer A over B for tax. But I also have to pay tax on $5k but that tax will be lesser in amount and maybe after 1 year or 2 years the taxation would decrease. Currently, the taxes are so high that I might withdraw my funds at huge taxation but I still have hope that in the future the tax might be reduced and I might get more profit.

But, after reading the C option my mind stuck to it, because, if I received 20 BTC in any of my non-custodial wallets I would not be questioned by any of the government entities and I could do whatever I wanted to. For example, I can choose to trade with them, use them as my investment, can take big risks but with knowledge as we know without knowledge risks are only equal to gambling.

Well, I did not choose options D,E, and F because I don't consider them valuable options for payment and investment also. And I also have to pay huge taxes on them, I already have a house so I don't need one if I chose to rent it, it might not be a good choice currently because overall inflation is too high that people will accept to stay the night at roads but not in a house worth of 20 BTC (of course the rent will be high). 

[Casdinyard]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Why? Would you give me this? lol jk. (unless?)

Of course being the crypto fanatic that I am, I'd choose bitcoin as my first choice, not only am I looking at a massive win-win cause it's bitcoin at a relatively low price point so there's even higher chances of earning more profits, there's also the fact that you're investing on a pretty safe asset like bitcoin, at least compared to other cryptocurrencies in the market. Now for my second choice, and I haven't really given this much thought unlike the bitcoin first choice, I'd say despite the precarious situation that the housing market is in, I'd pick the house/real estate property option. Recession comes and goes, but if you hold on to your properties and don't sell it off you have a pretty good fighting chance at breaking even or turning a profit eventually when the market recovers. If that doesn't happen worst case scenario, you got a pretty house to live in.

[bitzizzix]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Why? Would you give me this? lol jk. (unless?)

Of course being the crypto fanatic that I am, I'd choose bitcoin as my first choice, not only am I looking at a massive win-win cause it's bitcoin at a relatively low price point so there's even higher chances of earning more profits, there's also the fact that you're investing on a pretty safe asset like bitcoin, at least compared to other cryptocurrencies in the market. Now for my second choice, and I haven't really given this much thought unlike the bitcoin first choice, I'd say despite the precarious situation that the housing market is in, I'd pick the house/real estate property option. Recession comes and goes, but if you hold on to your properties and don't sell it off you have a pretty good fighting chance at breaking even or turning a profit eventually when the market recovers. If that doesn't happen worst case scenario, you got a pretty house to live in.

You are right and if that option becomes a reality, Bitcoin will definitely be the top choice because we are in this industry and also have some Bitcoin and this will be a great addition. And this will also be a big advantage in the long run.
And option C is also an excellent choice for a house priced at $480,000 and will certainly get a very large house. And I will buy a big house to divide into several rooms to use as a boarding house, and with this I will get income every month from rent and besides that the price of the house as time goes by will increase as will the rental price.

[STT]

This depends on the person because some people are awful with cash and should take the regular option.  The other complication is taxation and how that alters the cost of each result.   That will vary by location and security, I'd take the gold option but security is a problem then and a cost.
   Property also has a maintenance cost but is a good idea for most as it immediately removes any rental cost you might be paying, it is highly tied to location for worth and add many complications in that way.   1st thing I thought of was inflation, money invested now if you can gain an inflation linked income from will be superior to all the other options but thats investment risk and a skill imo.

[Twentyonepaylots]

I'm seeing people choosing B, and I think that's the rational and conservative answer. Let's say there are no tax after $480k, getting a lumpsum would give you infinite option for it to invest, whether on cryptocurrencies, business, property, etc. I'll select the option B as well as you can diversify it to maximize the potential gains. I think the worst option in the choices is the D, because I see the house as an asset and liability at the same time, Yes you can sell the house making a profit from it but if you are planning to live in $480K dollar house/mansion get ready to spend $100k for its maintenance.

Did you win $480K somewhere else? 

[m2017]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

What is the reason for choosing the figure of $480,000? Why not round up to the nearest $500,000?

I don’t believe in lotteries as an opportunity to win and with the help of this “magic wand” solve all financial goals, but so be it, I will play your “game”.

I would choose option "b", since this is the most liquid financial instrument with which you can buy everything that is listed in the remaining points. That is, a bitcoin, a gold, or something other, like a stock in the proportions you want, which will create diversification. At the same time, you can choose the house or business that will be the most attractive and interesting, that is, according to your taste. Option "a", in principle, is the same, only extended in time and without the opportunity to buy a house or business, but option "b" “right here, right now” is still better. What if payments suddenly stop within 8 months?

[Ruttoshi]

I will choose option c. This is because there is no investment or amount of money that will give you the kind of profit that bitcoin will give you when you sell in the next bull run that we are expecting. You can sell all of the during bitcoin ATH and re-buy back the same 20btc during the immediate bear market that follows the bull run. You will take good profit and still have your bitcoin in your wallet.

Secondly, I will go for option e. This is because you can use the profit from that business to buy whatever you want to buy when you save it, and you will have regular cash inflow that will makw  you not thinking of selling your bitcoin because $480k is not a small business. I can buy more bitcoin with DCA and I can also build real estate and buy gold, all these I can achieve it as long as the business is running and my bitcoin investment portfolio is also increasing. Give me twenty years from now I will rich the level of fuck you status.

[TakeItEasy]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

I would choose a $480,000 value business because I can also earn all of these by investing in those that you explained already . After doing business with $480,000 it would be really easy to earn a lot as this is a huge portfolio for me and I can start a business from the much in wherever I want.

It would be better if I could choose all because I'm really in need of this much value house and also want to store that much of the gold, but where can I find them? I would be the lucky one if I had all of these in the bank. But I can only imagine this thing because I have never seen such in my life even working hard for it.

[Yatsan]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Will be picking either C or D or F;all has/ if not assured, high chance to generate profit which would make the total prize bigger. One would be generating assured profit and that is with the house given that its value is increasing over years as a property. With Bitcoin as an investment in the choices, it could generate profit in a shorter period of time given that its market value at the present is already higher than the assumed entry price. I so like to consider E as well but a $480k worth or value of a business does not guarantee a profit ‘coz it would still depend on whoever will handle it. And with gold, there’s really no need to elaborate with this one as we all know that its price increases over years as well. It will all boil down to your preference as the one who would claim the price.

[letteredhub]

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

I would have chosen option E which is $480, 000 value of business assuming am someone with passion for business. And provided at present before the lottery won I have a job I'll choose option A and spread that $5k monthly DCAing by buying bitcoin for the 96months which am convinced that yb the end of the 96months which is 8years I would have made much profits from two consecutive bitcoin halving and bullrun.

[DVlog]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

My first choice will be BTC for sure but if we keep that aside I want to have number e where I will get $480,000 value business. I want to have a business at that value because I think if a business that's net worth is $480k can generate 1% of its value after omitting its expenses can provide me with $4800 monthly which I can use to buy bitcoin and gold without losing my business value. My business can grow gradually with its net worth and at the same time I can use its profit to reinvest in assets like bitcoin or gold or I can start another business.

[Rruchi man]

a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month

Not a good option, the company may find a reason to stop paying, may get bankrupt and fold up, cannot take that risk.

b. $480,000 lottery win as payment lumpsum $480k

This will be better as you will be able to plan well with it and spread it over investments like a property, bitcoins and even business.

c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc

I will not want all to be invested in bitcoins, there are many needs to be sorted out so that I can be comfortable investing in bitcoins.[/b]

d. $480,000 value house

What is the use having a house valued at $480,000 when I will not be able to furnish it and live well in it because I do not have the money to.

e. $480,000 value business

This is a good choice too because there is the prospect of really getting good profit from a business that has take such an amount to set up.

Option B is for me.

[Wexnident]

~

C would be a natural choice for most, it's priced at $24k so what you would receive is actually greater than $480k at the very least. If another pick, then I'd go for B. I don't really need a house and even if the price appreciates over time, having that lump sump of $480k spread over various investment options sounds much more promising. Business, well, I have no idea how that works so hell nah. As for gold, well, it can be a third option but I'd still much rather prefer the lump sum compared to gold.

[Gladitorcomeback]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

I think all the options are good. Many people would prefer to receive in form of bitcoin, because we all know that the coming bull season can give the best profit to those who holding bitcoin,but I don't want to receive it in only one form. Instead of a house, business and gold, I would prefer btc,gold and other real estate investment.The main reason for this is that it is a big amount.With this money I can start my own business, and with a fraction of that money I can buy my house and invest in Bitcoin.

In our country this money becomes a huge value with which I can easily fulfill almost all the options mentioned by you. I will not go for the business and home option as I may not be able to handle such a large sum of money business and home, because managing such a big business and house will also require a lot of hard work and experience. I will never invest such a big amount in one place even if it is Bitcoin but try to invest it in different places.

[Lucius]

franky actually gave a better argument for choosing $480K lottery upfront. No burdensome money management needed when you can just put it in a savings account that yields 7% annually. You can withdraw the monthly interest for your basic necessities and side investments. When you put that into numbers then it's $480K * 7% = $33,600/year or $2,800 per month. I bet that would be enough passive income for a lot of people.

Which bank gives even 7% annual interest? I know that interest rates in recent years have been close to 1% or even less and that keeping money in the bank just to earn something from the interest did not make any sense.

I still think that 20 BTC is a great offer at this point, because I have no doubt that it is the fastest option to double that $480k, and probably more than that.

[DabsPoorVersion]

I'd say I chose the letter E.

480k$ value for a business is huge. It means you can also generate a good amount every month. Considering you handle/manage the business well, the earned profit can also be used in different types of investment. Whether you expand the business or build another business. Or if you are more into Bitcoin investment, gold, or even real estate, you can expand your earned profit by using it on other types of investment that can give you more in the long run.

[Grizzly888]

I choose option C "$480,000 in BTC"

Now let me explain why. Option-A is bad because you lock a huge money for 8 years, during this period of time real value of each $1 goes down (due to the inflation). Therefore, as a result, after 8 years I will have less purchasing power with $480k. Option-B is similar to A, you receive fiat, in each country process of getting money differs, but it doesn't change the main point, except the tax on the win you also may receive some extra attention from the media, because of the win in the lottery, what is not good for obvious reasons. Option-D also has many drawbacks, in some countries after you have sold the house you need to pay the taxes on the money that you got, and the most important - your house might cost $480k because of the bullish housing market, but when situation returns back to normal, you may loose XX% of the house value + it takes time to sell house for a good, fair price. Therefore, as you see, here is loads of work to do before you get your money. Option-E is also bad, because there is no specific info about type of business, explanation of reasons why business worth $480k, maybe it's due to raw materials that it has, which might be not liquid enough to sell them and get cash. Also business requires good management experience in the industry in which business operates (possibly you get the restaurant business, but you do not have any experience in that field and here appears a big chance of ruining the business and therefore any another option from the list makes much more sense). Option-F with the gold is also not the best, but probably second I would choose. Gold is established asset with high liquidity, but it requires some expenses related to storing it somewhere (in the bank for example), therefore you need to choose what to do. First option is to sell it, quickly get the money and start thinking what to do with it. Second option continue storing it, but with expenses, which you will not have if you choose to hold Bitcoin. That's it, I think. My option-C gives huge range of choice, you may quickly sell some/all BTC and get your dollars (by the way, you can even cash out anonymously what is difficult to do with house, gold, lottery etc.), you also may continue holding it without any expenses related to its storing. So for me option-C is definitely the best.

[slapper]

With the way cryptocurrencies are currently influencing the world, choosing $480,000 worth of Bitcoin is very appealing. Given the remarkable growth rate and high return potential demonstrated by Bitcoin's past, a seasoned investor would not take this opportunity lightly. It's evidence of the adoption of decentralized finance and the move towards digital economies.

Nevertheless, I would support the $480,000 value business given the request for a backup option. The reasoning is straightforward: a business may be a sustainable asset and offers a steady stream of income. It is a physical thing with room to grow, room to expand, and steady income. In contrast, there is an attraction to Bitcoin, but in order to succeed, a business permits direct management and manipulation of assets.

[franky1]

franky actually gave a better argument for choosing $480K lottery upfront. No burdensome money management needed when you can just put it in a savings account that yields 7% annually. You can withdraw the monthly interest for your basic necessities and side investments. When you put that into numbers then it's $480K * 7% = $33,600/year or $2,800 per month. I bet that would be enough passive income for a lot of people.

Which bank gives even 7% annual interest? I know that interest rates in recent years have been close to 1% or even less and that keeping money in the bank just to earn something from the interest did not make any sense.

I still think that 20 BTC is a great offer at this point, because I have no doubt that it is the fastest option to double that $480k, and probably more than that.

banks? .. you'd just leave $480k in a normal mainstreet bank account..? dannnnggg..
no, the 7% is fair interest in an investment portfolio account

and yes 20btc is best option. but as stated in my posts its too obvious people would pick that. so for those that do. give me reasons for a second option

i have read some good reasoning and many bad.

[Juse14]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Quite an interesting choice, but I am more interested in choosing the fifth point, namely "owning a business worth $480,000" because this is my personal dream. Having a business is not just about profit, but by having a big business we can provide more benefits to other people, such as opening up jobs. I am very aware that currently the job market is very difficult, and I have experienced this, spending weeks looking for a job and I think that with the knowledge and relationships I have, it can make it easier for me to find a job. However, in reality "relationships" alone are not enough because in reality there are no people who really care about being able to help me, so this encourages me to be able to have a business that can not only generate profits, but the business can also provide benefits more for many people.