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Let's say you woke up this morning to discover that you were gifted 100 bitcoin from an anonymous admirer.
Let's also assume that based on your family's financial condition you only would need 50 bitcoin to keep everyone happy for the rest of their lives.
How would you spend/gift/invest the rest, assuming your goal was to further bitcoin adoption?
This is really hard to lay out fully as a gift like that would literally change ones life....this reply is going to be a bit long so hodl on :)
I think it is important to note that I believe that deep down the rabbit hole of Bitcoin we are all looking for ways to constantly provide value to other through either 1) exchanging our Bitcoin with people or, 2) providing value to others in exchange for their Bitcoin. Either way this concept of HODL slowly fades due to the entropic characteristics of the network.
OK -
I would instantly inform my boss that I would be quiting as soon as they could find a replacement for me...
I would then begin the process of setting up a "non-profit" organization that's first focus would be on purchasing apartment buildings and immediately transforming them to run on my version of Bitcoin - which is - everyone pays a split amount of Bitcoin/FIAT - the FIAT paid is equal to the FIAT needs of the property and the Bitcoin paid is equal to the "profit" that the property would otherwise realize. That Bitcoin would then become the "Reserve Account" for the property after it first worked as an incentive for the residents that paid it... (That incentive would be a 50/50 split in any appreciation of the FIAT value of that Bitcoin as a discount on their future rent) (this is a simple concept that not many seem to understand in Bitcoin land....but I am confident it is coming)
The groundwork for this would all come out of my 50 Bitcoin and the non-profit would be the recipient of the other 50 Bitcoin -
My hope would be that "donor's" would allow me to purchase properties for cash (which would help ensure a "reasonable" price for the properties and allow me to maintain rents at below market rates which would help affordability and the rent credit would make them even more affordable for the residents - This will change the paradigm of housing from a Landlord vs. Tenant relationship to one that is Cooperative and where the tenant is incentivized to help the landlord/owner keep rents lower...less evictions/less lawsuits/less damage....everyone treats their apartment as their own due to the Bitcoin incentives coming through....
This flywheel of sustainability first becomes recognized locally as a good idea....then goes from their....before you know it - our housing crisis is over....
I know that seems like a lot - but its happening already with my little property...and once I get it set-up in a non-profit and start just giving rent discounts to my "FIAT" paying residents they will be incentivized to pay in Bitcoin in order to maintain the discounts.... this has the ability to onboard literally everyone in a fiarly short yet orderly manner....
or at least that's what I would do/am doing....the gift of Bitcoin would just let me do it now instead of over the next 1-10 years or so :)
What a dream :)
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Great answer. I really like your real estate slant. Because of you, I just attempted to rent out a not so fancy little trailer park home in Florida for bitcoin. I offered a 10% discount for payment in bitcoin. I got no bites. I even attempted to convince some people that it would be really easy if they wanted to use cash app. It didn't work. They all thought I was scamming them.
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Same here no one took the bait for me a well
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:) - I have heard plenty about the "scammy" concerns as well - that's why I am leaning towards the just giving the "50/50 split in appreciated value" and then saying if you want it to continue you will have to "opt in" after a certain period or something....
still working on it - but things are slowly coming along!
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36 sats \ 0 replies \ @j7hB75 7h
I would take the chance to actually live free as Odell likes to always put it. Free myself of the shackles of society and feel the comfort of securing my future and legacy. Live the little rest of my life doing good and giving back.
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164 sats \ 2 replies \ @grayruby 21h
Not sure but 1 bitcoin would hit the rewards pool today.
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40 sats \ 1 reply \ @siggy47 OP 20h
I thought about that too. I would definitely put some right here. I don't know whether the rewards pool would give the most bang per sat.
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168 sats \ 0 replies \ @grayruby 20h
True, maybe 1 bitcoin is too much. Even 10M sats would be a cool gift to hit the rewards pool with.
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236 sats \ 7 replies \ @Satosora 23h
If your family needs 50 bitcoin to survive...something is a bit wrong. Other than that, getting involved with pleblab would probably be a good idea. I feel their mission seems to be going in the right direction.
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31 sats \ 2 replies \ @ek 20h
Other than that, getting involved with pleblab would probably be a good idea. I feel their mission seems to be going in the right direction.
👀
/cc @Car
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100 sats \ 1 reply \ @Car 17h
100% we would only use 2-3 bitcoin to purchase our own space. 50 is an insanely amount of bitcoin for one entity to control to distribute. Would not recommend it.
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5 sats \ 0 replies \ @Car 16h
I also would direct you towards the startups/builders inside of pleblab to directly invest in them they have trouble raising because they are building on the cutting edge. Not a lot of Bitcoin VC's take those kind of risks these days. Max of Hivemind might be the only one I know of.
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If your family needs 50 bitcoin to survive...something is a bit wrong.
That's my point. What do you do with the bitcoin you don't need, to help the world? Donate to opensats? Start a small community mining operation in Africa?
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36 sats \ 2 replies \ @Satosora 22h
I guess if l had to give it away, l would talk to people who are already doing it and get some advice. I would think you would want to form some kind of trust, or way to keep gaining more bitcoin so you never run out of funding?
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10 sats \ 1 reply \ @siggy47 OP 22h
You could invest in some startup fund like Ego Death Capital, buy some SN territories, etc. There are many possibilities.
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72 sats \ 0 replies \ @Satosora 22h
Right, these look promising. I guess it depends how hands on you would want to be?
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I've tried to get at this a few times, too, usually wrt what Saylor could do, who seems to be really missing out on building out the broader ecosystem to do one contentious thing.
Current thinking, w a 50 btc budget, is to fund btc social - good and thoughtful writing and media on btc-related topics, and ecosystem things that allow that to be expressed and integrated into the wider economy. Imagine a series of grants and prizes to fund ten writers / podcasters to post good shit on SN, and to grow audiences and territories, and knit into the larger culture?
Concretely: create and amplify the Henrik Karlssen of btc, the Dwarkesh Patel of btc. We have enough of the usual type.
Seems like high ROI, although hard to measure. But I'm someone who believes in the inexorable power of ideas and culture, even if they're difficult to see sometimes.
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Thanks. This is what I was looking for.
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A little more on rationale:
I figure we've got like ... 3-5 years before the thing either
a) takes hold robustly, or b) sort of skulks around until the end of time or the end of humanity, whichever comes first.
The nature of the influence that can be exerted for the next 3-5 years is to build the sinews of real people who care about real stuff, where btc is attached in their minds and lives not to what the world considers to be a fringe ideology, but to them and their concerns, which are far vaster than btc.
One can pursue this by trying to transform everyone into Darthcoin, a strategy that comes with its own catalogue of issues in addition to being impossible, and whose success has (imo) already reached its asymptote; or one could stoke the furnace in a way that might set other things afire. A broad fire, not just people playing financial chicken.
And so, napkin math: 50 btc = look to fund 10 people full time for 5 years, at 1 btc a year. Hopefully that price becomes ludicrous six months from now, but that's a rough algorithm for dry powder.
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I pulled an @ek and doubled the length of this comment since I originally submitted it. :/
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10 sats \ 1 reply \ @ek 20h
Love seeing my nym used like that 🥹
Man, I remember having a dream that I had been gifted (or accidentally given) four bitcoin and it caused me to panic about my security setup. I'm sure the first thing I'd spend my time on is a storage situation I was comfortable with for that quantity.
With that taken care of, we'd move to our ideal location and go full heatpunk with the home heating. I would probably evangelize my new neighbors to do the same and help them get set up.
I'd approach the local merchants offering to pay them a significant lump sum amount to start accepting bitcoin (and heating by mining).
With the rest, I think I would do some combination of investing in and starting bitcoin businesses. Even those 50 BTC probably aren't enough to buy the very failed The Economist, after all, so I need MOAR if I'm going to make @denlillaapan's dream come true.
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TRUE!
We gotta pool our sats to get our hands on that propaganda machine
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Sponsor a small school about BTC education, teach the history of money, basic economics, blockchain in general, the history of bitcoin, the practical use of hot/cold storage, wallets, compare/contrast, etc. All About BTC school :-) How about that!?
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41 sats \ 0 replies \ @Ge 10h
I would build with it in my community and be the example if not fund a cool project 1 btc each probably in knowing the value is going towards a better future...idk that's me
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62 sats \ 0 replies \ @Jon_Hodl 11h
I would finance a lot of small open source projects run by plebs that are building tools for plebs.
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36 sats \ 0 replies \ @flat24 12h
Easy to change my life and that of mine, I found a family citadel.
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41 sats \ 1 reply \ @Aardvark 23h
That's a lot of bitcoin, I'd probably devote a lot of time to onboardig small businesses. I'd want to get on the bitcoin standard, and the best way to do that is to get people to accept bitcoin as payment.
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I tried to ask the question to get at this: how would you invest any excess bitcoin you had, after your basic needs were taken care of forever, to change the world to a bitcoin standard? Maybe I didn't word it well. I'm glad you got it.
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36 sats \ 0 replies \ @kurszusz 14h
What Would You Do With 50 Bitcoin? ... the first (funny) thing that came to mind was "I wonder where my other 5000 Bitcoins went" :)
A little more seriously... Divide it into 2 parts... A "package" of 30, and a "package" of 20. The package of 30 would be created for investment / support purposes (promotion, purchase, sale of products of local producers), and the package of 20 would be created for gift purposes. As for the gift... I would put the 20 BTC in a hardware wallet, then "hide" the seed phrase word by word, in the form of a picture puzzle, at different points in the world, with specific hints and directions to where the different words are, and then when they are found, solving the puzzle would be the correct word... like a real treasure hunt... There may not be a demand for it now, but when 1 BTC is worth a few million, many people would definitely go "try their luck". P.s. instead of a 20 BTC wallet, there can be 2 wallets, each with 10 BTC :)
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I know lots of good people who, for various reasons, rent their homes. So, I would use the Bitcoins to buy homes which I would then rent out to these people on a rent to buy basis - all denominated in satoshis, of course!
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l'd treat them like seeds and plant each one at a church, a critical sect of the world in need of greater Bitcoin awareness.
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Good question. I'm not really sure.
The thing is, 50 bitcoin is not really enough to do most major moonshots people might dream of.
Most realistically, I'd probably not even quit my job. I might increase the time I spend managing my investments, and maybe try to be something like a VC, investing in companies with missions I believe in.
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36 sats \ 0 replies \ @carter 20h
I would start a private welfare company and put the government out of the business of providing positive benefits entirely. There would be a wallet and if you send money to it funds would be distributed to families in need, different wallets may have different restrictions on how the funds are used like "only for food".
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I'd create an agency that creates bitcoin content focused on attracting normies on tik tok and Instagram.
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41 sats \ 0 replies \ @Cje95 22h
Retire.... Live the life I want to live and not worry about money. Dive deeper into topics that interest me that money otherwise knocks out.
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No doubt, I'd buy a small farm!
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36 sats \ 0 replies \ @quark 22h
Build an animal rescue center. Long time dream.
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It would make me move to another country and build my life in a comfortable way for myself and others. And it would also help me with my sovereignty, since I would have enough for a life in a circular economy, I would just have to work on it in my new place.
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50 bitcoin should be enough for you to change your life and the lives of your loved ones. What do you do with the rest?
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The rest would be to maintain my life with those closest to me. I'm definitely thinking about creating a small mining farm to help secure the network. I'm also thinking about raising animals for sustenance and selling their goods, creating a trading company and some other ventures focused on bitcoin. To have real value in favor of the virtual.
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You made me check out the price of Bitcoin, which I haven’t done so for a loooong time haha.
$5.5 million? Definitely quit my job, live my life as it is, channel more time into writing and treat my wife and kids well
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  • Get a couple of passports (probably spend a few bitcoin for various programs)
  • buy a cabin/hut on a Caribbean island plus some nice, modest house in the Swiss alps and Argentinian mountains
  • regularly donate to OpenSats and Samourai fund (or similar such things)
... and then probs just chill. Write a lot; eat a bunch of high-quality meat; open a yoga studio and a coffee bar with absolutely zero fucks given re: profitability.
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i would just peel off what is needed as and when, but with such a large amout i'd be willing to try and live on a full btc standard as much as possible
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I have all kinds of wacky ideas I would like to implement. For instance, buy a piece of rural property with a year round stream and electric utilities set up. Then build a little cabin, set up a micro hydro powered bitcoin mining operation, and find a trustworthy stacker to be a caretaker for free rent and a little bitcoin kicker.
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72 sats \ 1 reply \ @JesseJames 10h
Now we talking, let me know where, I will property buy another one next to yours (another 100 acres) so I can fish and hunt with like minded individuals and bitch about SN and BTC...lol
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Deal
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
Oof, after a second thought, 50 bitcoin? That's a serious bag—like generational wealth level. Right now, that's worth millions. Here's how I'd break it down:
  1. Secure It First – Cold storage, multi-sig wallets, and maybe even split it across different locations. That’s the "don’t-get-hacked" step.
  2. Diversify – I wouldn’t hold it all. Probably cash out a portion (maybe 10–15 BTC) into a mix of:
Index funds & dividend stocks
Real estate
Startups or angel investments
A bit of gold or other crypto
  1. Use Some for Fun – Travel, a few indulgences, maybe a car or unique experience. Gotta enjoy life a little.
  2. Build Something – Fund a personal project or startup idea. With that kind of capital, you could bootstrap something cool without VC pressure.
  3. Give Back – Find causes or people doing meaningful work and support them. Could be local, global, or tech-based solutions for real-world problems.
How about you—what would you do with 50 BTC?
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reminds me about kids dreaming what they would do with 1 million
when you actually get 50 btc all your previous reasoning becomes mostly irrelevant
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Buy an isolated house (with no cost energy(solar or wind)) then use the money to frontrun bitcoin mining, then fund stuff related to bitcoin, the reason for mining bitcoin is because then I can sell bitcoin as it comes in (for income) and pay income tax instead of having to dip into my main stash and get hit by capital gains tax in the future
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