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Author Topic: What would you do if you had 1 million BTC but couldn't keep any of it?  (Read 2009 times)
NoobKidOnTheBlock
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November 14, 2014, 05:43:58 PM
 #1

What would you do?
I am just curious what people would do if they had 1 million BTC but couldn't keep any of it? How would you get rid of it? Would you donate a bunch of it to charities? Would you help out a bunch of homeless people? Would you sell it all and just randomly hand out the money to random people? Let's see what type of answers people will come out with Smiley Cheers and looking forward to your answers Wink

 

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November 14, 2014, 06:02:23 PM
 #2

Can't I just pass it to some altcoin and keep it? xD
I would build a dojo, hire the best instructors and give free lessons to everyone.

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November 14, 2014, 06:05:22 PM
Last edit: November 14, 2014, 07:33:57 PM by rohnearner
 #3

So I can't keep them , but I can sell them.. ! so I will sell them that will take down the price to bottom and then buy* them back , and then there will be no restriction and I can do whatever I want whether to keep them or not.

NoobKidOnTheBlock
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November 14, 2014, 06:08:11 PM
 #4

So I can't keep them , but I can sell them.. ! so I will sell them that will take down the price to bottom and then by them back , and then there will be no restriction and I can do whatever I want whether to keep them or not.
Ya I figured that someone would answer like that lol That's all good Smiley I generally meant that in the end result you couldn't have anything to do with the 1 million BTC that were given to you, but you could dispose of them anyway you wanted so I guess you're technically correct in what you would do with them lol

 

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Welsh
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November 14, 2014, 06:10:24 PM
 #5

Step 1: Create charity.
Step 2: 'donate' to charity.
Step 3: Pay myself & employees millions in bonuses every year.
Step 4: Donate barely anything to the actual cause.
Step 5: Act like I'm saving the world when really I'm taking the majority of the money in my pockets and spending it on the Bugatti veryron I have parked outside.

Only joking, but that's basically what most charities do.

I would probably look into investing in Bitcoin related companies.

NoobKidOnTheBlock
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November 14, 2014, 06:13:29 PM
 #6

Step 1: Create charity.
Step 2: 'donate' to charity.
Step 3: Pay myself & employees millions in bonuses every year.
Step 4: Donate barely anything to the actual cause.
Step 5: Act like I'm saving the world when really I'm taking the majority of the money in my pockets and spending it on the Bugatti veryron I have parked outside.

Only joking, but that's basically what most charities do.

I would probably look into investing in Bitcoin related companies.
+1 to that response lol That is what a majority of "charities" do and I like the investing in Bitcoin related companies idea Smiley It would be beneficial to maybe look into using the BTC to adopting masses of society into being more knowledgeable about what Bitcoin is and how it works Smiley Kudos to that my friend Wink

 

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xkrishna
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November 14, 2014, 06:20:27 PM
 #7

XCHANGE, I cant keep btc but i can keep usd !!! Cheesy

NoobKidOnTheBlock
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November 14, 2014, 06:24:35 PM
 #8

XCHANGE, I cant keep btc but i can keep usd !!! Cheesy
Ya that's all good and well but would you do anything helpful with the money you received from selling them? Or would you just keep it all for yourself?

 

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rohnearner
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November 14, 2014, 07:44:59 PM
 #9

XCHANGE, I cant keep btc but i can keep usd !!! Cheesy
Ya that's all good and well but would you do anything helpful with the money you received from selling them? Or would you just keep it all for yourself?
A person can survive not only survive but fulfill every reasonable wish if s/he has in 10million USD and live their lives happily and peaceful . so 10million$ is just fraction of 1million btc so what to do with rest of btc , you can't throw them away just to get rid of them as mentioned by OP maybe donation is only positive way out.

NoobKidOnTheBlock
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November 14, 2014, 07:49:11 PM
 #10

I would really just love to walk around and hand people $1000 cash and see the expressions on their faces when I tell them "Here have $1000 on me Smiley" lol That would be just priceless

 

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Jackgiant
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November 14, 2014, 08:38:26 PM
 #11

I would buy some silver wallets load them up with Bitcoins and drop the coins in random places.
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November 14, 2014, 08:47:20 PM
 #12

So I can't keep them , but I can sell them.. ! so I will sell them that will take down the price to bottom and then by them back , and then there will be no restriction and I can do whatever I want whether to keep them or not.
Ya I figured that someone would answer like that lol That's all good Smiley I generally meant that in the end result you couldn't have anything to do with the 1 million BTC that were given to you, but you could dispose of them anyway you wanted so I guess you're technically correct in what you would do with them lol

I wouldn't trust that many BTC to be spent properly by any entity/entities that I had nothing to do with, so I would have no choice but to send them to 1BitcoinEaterAddressDontSendf59kuE.

Saying that you don't trust someone because of their behavior is completely valid.
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November 14, 2014, 10:44:39 PM
 #13

Step 1: Create charity.
Step 2: 'donate' to charity.
Step 3: Pay myself & employees millions in bonuses every year.
Step 4: Donate barely anything to the actual cause.
Step 5: Act like I'm saving the world when really I'm taking the majority of the money in my pockets and spending it on the Bugatti veryron I have parked outside.

Only joking, but that's basically what most charities do.

I would probably look into investing in Bitcoin related companies.

Which charities are you talking about here?
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November 14, 2014, 10:47:38 PM
 #14

I would just delete the wallet file. If I can't have it, NO ONE WILL!!!

NoobKidOnTheBlock
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November 15, 2014, 12:20:25 AM
 #15

I would buy some silver wallets load them up with Bitcoins and drop the coins in random places.
That's a pretty sweet idea I like that Smiley

 

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NoobKidOnTheBlock
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November 15, 2014, 12:21:03 AM
 #16

I would just delete the wallet file. If I can't have it, NO ONE WILL!!!
LOL well ain't that just something hahaha if you can't have it no one will lol

 

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Rumble
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November 15, 2014, 01:38:10 AM
 #17

I would still create a system to benefit me, if its not bitcoins.

eg: use all 1 million bitcoin into real estate, then structure a royalty deal per estate.
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November 15, 2014, 02:59:29 AM
 #18

What would you do if you couldn't post ridiculous questions in Off-Topic?
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November 15, 2014, 03:22:04 AM
 #19

Fund education; education has become too expensive. Spending even 100 BTC on myself would leave me happy for a long time, but being able to help lots of others obtain a much-desired education would be great.
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November 15, 2014, 05:03:55 AM
 #20

Auction it and help everyone in the world.
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