Topic: What would you do with 10,000 Bitcoins? (Read 1796 times)

Invest with Pirate!

Alternatively, and more seriously, donate half of it to developers and evangelists whose effort you deem productive thus far. The other half - burn priv keys, KLF style, film the burning, and send footage to Spekulatius for his documentary. Prove that lost coins do not affect Bitcoin system, ad nobody gives a fuck.

First, I'd buy one of those cars from wikispeed:
http://www.wikispeed.com/wikispeed-team-blog/wikispeed-first-car-maker-in-the-world-to-accept-bitcoin-press-release

Then once they have bitcoin ATMs available I'd buy a bunch of those and offer them to every business in town. I liked the suggestion of setting up exchanges for expats who wire money back home, so I'd give one ATM to the latino center here in town.



In reality, if I had 10,000 bitcoins but had to spend them right now I'd buy as much food and non-perishables with the bitcoin as I could, use the remaining ~$700,000 worth of bitcoin to buy gold and silver (75/25 between goldmoney.com and physical bullion in a safety deposit box) and honestly probably just go back to living my life pretty much how I do now, with an eye on early retirement. But I'd probably travel more.

Sell and build a cabin in the woods

Buy a Arduino Mega from bitmit and build a laser scanner show

What?

That's the craziest idea i ever heard.

+1 It is a good idea
http://www.bitcoinmoney.com/post/43984456509/guardian-remittances-around-the-world-the-photo

I like this guy.

Send 1 million pizzas to the white house.

If the stipulation is that I have to get rid of them, I'd dedicate my life to out-tipping hardleft121. Which may be an exercise in futility.

Except the part of psychedelics, looks like more a child's innocent dream.

Something with an everlasting positive effect, a direct injection of love into society, buy a bunch of psychedelics and give them away for free.

That's the thing, you never know!

But what if it is a 100$/btc bubble?
How do you know?

Sell them for this price? Hmm, i don't think so. Just wait the 500$/btc bubble 

Sell them all at once.

*edit* Buy USD, perhaps a few yuan too.

That's a good question. I think i'll donate some of them and with the rest i'll buy the things i like.

Do what paypal did and give away $5 to every new user 

If I understand your post correctly I think you guys are really awesome!

Keep in mind that by helping Bitcoin you will most likely be helping also yourselves and others .

If I had that amount to spend I would probably try to open up a new market for Bitcoin with the focus on helping people to (re-)gain control over their own issues.

First thing that comes to my mind is to use the money to install as many Bitcoin-exchange-shops in Africa as possible so expats don't have to use WU and the like anymore and can send back their hard earned money without loosing 15 or 20 percent, which their families could then spend on food. We are talking billions every year that could be spent on food instead of transaction fees.

This way you could help a few hundred people to start their own business (the exchange shops) or get a job (if you would run the shops yourself and employ them), you could nail them down to a reasonable fee and you would promote Bitcoin like fuck. Once Bitcoin gets established the shops would get obsolete as people would quickly learn how to receive Bitcoin without them. But right now it would need the shops to start the whole process.

And you would hit some banksters where it hurts them the most, cutting down their profits. Hell, you would probably start the end of WU and Moneygram .

Go!

Joe





 

When hookers finally take bitcoin, we have won the currency war...

The same thing I would do with the equivalent usd. Houses, cars and hookers. Only without the hookers.