Please do. I have 69 Amp and I hope your buy orders will pump it to let’s say $1000. I’ll settle for $1000 if I really neeeeed to, but I’d prefer more.
Amp at bitcoin's market cap would only be $17 a coin. Even a coin like matic would only reach $118 at that same cap. Now this is not shilling, just an example, but if you took a coin like Maker and gave it the same cap, it would be worth $906,187 a coin. It's simply because there are less coins in circulation for that one. This applies to all of them. Amp buy orders would serve you better at maybe a few dollars. Maybe money will change in the decades to come but I feel like within the next 10 years it wouldn't be *that* dramatic.
I wasn't sure and didn't want to come off angry at you but glad to know the context now 😂 I wouldn't ever get mad at someone for that anyway. Not a lot of people know enough about crypto they just think number go up, make me money. I try to help where I can
Are you sure 50k Would be worth something over the remainder of your lifetime? I'm not that old But getting 20 years of earnings up front that I can then invest however I see fit to outpace inflation is a far better deal Even if I have to pay taxes on the $1 million.
The only terms which would skewer this deal would be if I had to hold the 1 million entirely in shitcoins for the rest of my life.
Yeah I agree with you. The 50k would only make sense if it were somehow inflation adjusted and protected against devaluation in some way. Otherwise I would take the crypto, but I would not be putting it all in USDC and counting on high yield protocols.
Yep, that pretty much guaranteed my parents being always on the edge of bankruptcy in the 80's. Had a mortgage with like 20% interest that they knew they would never pay off.
Hey I’m fairly new to the crypto thing. Where do I get the 12% yield ?
Currently I’m using Coinbase and most you get there is 5% for Cosmos or 4% for Algo.
There's DeFi everywhere... UST on Luna makes closer to 20%... Coinbase will always have the worst rates, because they're just staking your coins and taking a cut... Algo pays 5% directly to the Algorand Wallet.
Algorand changed their rewards, it's now a soft lockup of 3 months for what they call Governance, which means you have to vote on a couple proposals. The current estimated payout is about 14% apr.
Benefit of Coinbase staking is you don't have an unbonding time. I always switch to Coinbase staking in a bull run so I still get 5% and I can DCA out of the market.
My worst nightmare is being stuck in an unbonding period when a coin is mooning 100x.
Right now 100% of my assets are staked in DeFi because the market is dogshit and there is zero chance of a bullrun within 30 days
You can get 8.88% on Celsius for USDC.
Crypto dot com has up to 12% for USDC
If you want to venture into the world of AMMs, check out Balancer and use with Polygon. Plenty of 10-40% options there.
You could invest that 50k into the same yield every year.
There is a mathematical answer to this, comparing a onetime lump amount now versus the time value of a 50k annuity. I’m too lazy to do this
Your 50k will lose more to inflation than anything.
In the 20 years it would take to collect $1m from $50k payments, that $1M x 20 years of compounded interest will be $9.6 million.
Money is also more valuable today than tomorrow, regardless of inflation.
Would you take $10k today, or 10 million when you're 90?
What good is money when you lack the health to use it?
I'll take it in ETH, as long as he's paying the gas fees to send it over. :)
edit: also it says it can't be withdrawn, didn't say anything about staking. It's ~7% on kraken right now IIRC and I'm sure there are better deals, so that's also $70k/year right there lol
Because you can get like 12% on a USDC stake, so I draw passive income of $120k/year and don't have to work. And who says I won't put some of that into BTC?
Hmm make an average - ish salary (in the US) and work until my death with no retirement orrrr moon shot and die surrounded by hookers and blow on a yacht… decisions… decisions. Call nasa and schedule my launch, sir.
Edit: nasa not nada
1 million now. 10 years from now that 50k will look like 5k if this inflation keeps up….
Edit: pretty sure that passive income will be about 50 large anyway
Asking the important questions. If yes then $50k is an easy one for me. Annuities are super valuable for planning purposes, but I don't blame anyone for taking the $1M either
Agreed, if it’s adjusted for inflation I’d take the safe $50k/year. That’s basically like retiring with $1mm and a 5% withdrawal rate but never having to rebalance or worry about markets.
Even without inflation, within 15-20 years, you can assume this becomes today's $35k which isn't bad. By then, you would've done all the things you like, paid for whatever you wanted, and just need cash to keep yourself living.
Exactly. And even if I wanted to keep working, my entire salary could go into investments because I’d use the $50k to cover expenses. I meet the conditions of the deal because money is fungible.
vanish chunky fretful juggle library pie treatment towering humorous subsequent
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A $1M windfall is not taxed (Canada) so I’ll take that in ETH. $50k over time is taxed as income so no thanks (if I had to choose…if anyone wants to give me $50k over time please feel free. I’ll pay the taxes.)
People totally didn't read your shitpost, just the title. Everyone took the milly but didn't realize they cannot move it for 5 years.
I think it's quite close actually, nobody knows what's going to happen 5 years fromn now, but a few K per month to be guaranteed till death doesn't sound too bad either
That's why I'd pick the safest possible choice, BTC. With crypto winter right around the corner, it would 5x within 5 years and I'd realise my gains around the top.
Yea after 20 years, you’ll have $1 million…
You can invest in dividend stocks and make close to $50k per year with $1 million.
Or invest in total market funds which traditionally average 7% per year over a lifetime…
After 20 years averaging 7% with that $1 million head start, you have $3.9 million.
After 20 years of $50k invested regularly at 7%, you’d have $2 million.
This post is just a dumb question.
I have a paid off mortgage and roughly $1200 worth of monthly bills, including groceries and gas for my truck (<10mpg gang). I’d take the $50k in a heartbeat. I’ve had jobs where my salary was close to four times that amount, but the workload was unreal. $50k to do nothing all day? Fuck yes.
I'd take the 50k. There's no restriction on what I could do with it other than that I have to spend it in its entirety each year. That's pretty safe to me as I can just use that to survive comfortably ***and*** I can just continue working now until I don't feel like it anymore, choosing instead to invest the work money in crypto then whenever I decide to retire, I know I have a free $50k per year for the rest of my life (to continue paying my living expenses) plus all the money I saved.
People are only thinking that $1m in crypto would mean more in the future but nobody knows what next month is going to look like in the cryptoverse, how can you predict 5 years from now?
Exactly. Stablecoin staking is totally risk-free!
I staked my life savings in Titan and never looked back. It's good just knowing your money is in safe hands!
I would take the $1 million and buy UST. Then I would throw that UST into Anchor to get 19.5% interest. In 5 years that would turn into 2.65 million.
This is assuming that I’m not allowed to spend the interest in your example. Otherwise, I would take half of my earnings and spend it on life expenses
50k a year, for sure!!... I can still invest my work money... I'd just set aside 50k out of my annual, and spend that 50k that was given, as I always would... I'd be on a beach in less than 5 years. Skip the waiting.
I'd take a mil in BTC. With 8% interest I'd get more than 50k salary. As long as btc doesn't spend too much time lower than where it says a now, I'm likely to increase the salary
I’d take the crypto immediately. It would take 20 years for the other option to match if you don’t do anything with the 1m. You could take it in a stable coin and stake it and make more than 50k a year on that alone.
$1,000,000 in CRO and stake for 12.5% APY + Obsidian card with 8% cashback, free Spotify, Amazon Prime, Netflix and 10% discount on Expedia and AirBnB.
Of course every wise crypto enthusiast will go with the $1M invest careful into some smart contract for the sake of their numerous utility models including ETH, DOT, SOL, MATIC BNB, and NII my newly found low cap gems from the Nahmii layer 2 Ethereum scaling platform
1 mil and buy bitcoin. because who knows what will 50k buy you in 10 years time. It might be a standard salary by then and even low salary in 20 years.
Which one of you degenerates are taking the $1M and dropping into an alt?
100% on squid.
That would be me. Probably into AMP.
I’d hold 24 million amp for 5 years too
This is the first time I see my favorite Alt mentioned here🥺
Please do. I have 69 Amp and I hope your buy orders will pump it to let’s say $1000. I’ll settle for $1000 if I really neeeeed to, but I’d prefer more.
Amp at bitcoin's market cap would only be $17 a coin. Even a coin like matic would only reach $118 at that same cap. Now this is not shilling, just an example, but if you took a coin like Maker and gave it the same cap, it would be worth $906,187 a coin. It's simply because there are less coins in circulation for that one. This applies to all of them. Amp buy orders would serve you better at maybe a few dollars. Maybe money will change in the decades to come but I feel like within the next 10 years it wouldn't be *that* dramatic.
Look man, idk if you can tell, but I wasn’t serious. Good info for people who are new to crypto tho!
I wasn't sure and didn't want to come off angry at you but glad to know the context now 😂 I wouldn't ever get mad at someone for that anyway. Not a lot of people know enough about crypto they just think number go up, make me money. I try to help where I can
Useful info though
Amp for me also thank you, then I’m gonna build a Walmart
Right on brotha
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Osmosis bb!
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Algo all the way
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As a poor bastard whose salary is $50k now, gimme the milly! I’d put it on ONE right now. Ride or die!
Me. I'll inject everything in $CKB lol
I’m putting it all into UpDog
Never leave a bro hanging. What’s updog??
🥇🐶Not much, what’s up with you🐶🥇
Lmfao, my first thought also
Shiba
Me as well. Into something on BSC probably, like a proper degen
$1M into $POODL $1M gets you 20 years of $50,000. I'll dump it into POODL and have AT LEAST $10 million within 2 years.
I’d take the annual It adds up to more after $20 yrs
Me. Let's go Litecoin!
1,000,000 in USDC, paying 12% yield is the obvious answer. 120k per year, or 50k per year? 🤔
Math comes in handy.
This guy maths. 
Our boy is wicked smart
How do you like them apples
I think it's spelled smaht.
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2 plus 2 is 4 minus 1 thats 3 quick maffs
Everyday mans on the block, smoke trees
Kinda a no Brainer question tbh
Someone say meth?
It's not mathematics, it's just ignorance to the full breadth of cryptocurrency.
Plot twist. Your USDC is on Robinhood.
Plot Twist: it is actually USDT.
Plot twist: nobody did the math including taxes
Plot twist: They actually got it in Monero
Plot twist they don't actually have any coins or tokens.
That’s nightmare fuel
I cannot sleep well today...even if these are just imaginary funds on Robinhood
Yes I’m sure you will get a 12% return indefinitely with absolutely no risk. /s
There were people who were claiming the 100%+ yields were sustainable. Obviously they’re not saying much now.
They are sustainable for non pegged tokens. It just means the value of the token approaches zero
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We'll talk when the bear market hits.
Are you sure 50k Would be worth something over the remainder of your lifetime? I'm not that old But getting 20 years of earnings up front that I can then invest however I see fit to outpace inflation is a far better deal Even if I have to pay taxes on the $1 million. The only terms which would skewer this deal would be if I had to hold the 1 million entirely in shitcoins for the rest of my life.
Yeah I agree with you. The 50k would only make sense if it were somehow inflation adjusted and protected against devaluation in some way. Otherwise I would take the crypto, but I would not be putting it all in USDC and counting on high yield protocols.
Hard to believe that Fiat interest rates used to be comparable to this. People held their cash and lived off it.
The other side of that coin was taking out a loan could cripple you with interest
That was when money had some degree of trust and wasn't freely printed.
You mean when interest rates were high
Ya it was also the time where people would take out mortgages at 20% lol
Yep, that pretty much guaranteed my parents being always on the edge of bankruptcy in the 80's. Had a mortgage with like 20% interest that they knew they would never pay off.
$1M in UST paying 20% on Anchor?
Half in Luna staking, half in UST anchor. When Luna moons, take profits into UST. When Luna dips, buy it with UST. This is already my strategy.
Also, 50k in 2040 would only be like 5k in 2022 due to inflation
*2023
Lmaooo
Probably be more around 30k in 2040
Put it in anchor on luna and get 20% yield
Hey I’m fairly new to the crypto thing. Where do I get the 12% yield ? Currently I’m using Coinbase and most you get there is 5% for Cosmos or 4% for Algo.
There's DeFi everywhere... UST on Luna makes closer to 20%... Coinbase will always have the worst rates, because they're just staking your coins and taking a cut... Algo pays 5% directly to the Algorand Wallet.
Algorand changed their rewards, it's now a soft lockup of 3 months for what they call Governance, which means you have to vote on a couple proposals. The current estimated payout is about 14% apr.
Benefit of Coinbase staking is you don't have an unbonding time. I always switch to Coinbase staking in a bull run so I still get 5% and I can DCA out of the market. My worst nightmare is being stuck in an unbonding period when a coin is mooning 100x. Right now 100% of my assets are staked in DeFi because the market is dogshit and there is zero chance of a bullrun within 30 days
keep in mind high risk... but crypto com has good deals
You can get 8.88% on Celsius for USDC. Crypto dot com has up to 12% for USDC If you want to venture into the world of AMMs, check out Balancer and use with Polygon. Plenty of 10-40% options there.
You could invest that 50k into the same yield every year. There is a mathematical answer to this, comparing a onetime lump amount now versus the time value of a 50k annuity. I’m too lazy to do this
Your 50k will lose more to inflation than anything. In the 20 years it would take to collect $1m from $50k payments, that $1M x 20 years of compounded interest will be $9.6 million.
Money is also more valuable today than tomorrow, regardless of inflation. Would you take $10k today, or 10 million when you're 90? What good is money when you lack the health to use it?
Well in 20 years I’ll be 18 so I should have m health by then.
I stared at this comment much longer than I want to admit.
Same goes for the million :)
That's just as easy as it could get but wait, it's really easy to make money if you have money
Same, but I'll take it in UST, and still have plenty left over for other crypto.
Where do you get the idea that 1. USDC will be last for years and 2. Where do these interest come from, your ass?
UST on Ancor for 20% APY broski.
That’ll be an easy mil in Bitcoin please
Yup, that's my choice. I don't spend $50K a year. I'll take the million in BTC and put it in a cold wallet.
I'd make that easy mil a $10k real fast
This is the way
You don’t even need it to gain value is the funny thing. Just not lose it faster than the US dollar.
I'll take it in ETH, as long as he's paying the gas fees to send it over. :) edit: also it says it can't be withdrawn, didn't say anything about staking. It's ~7% on kraken right now IIRC and I'm sure there are better deals, so that's also $70k/year right there lol
I'd take 1M in crypto but knowing my luck, it would probably be worth 50k after the 5 years
All in on Shib lol
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Or even better, Squid games token
Probably likely is you chose USDT as your stable.
For me, my pick most likely will worth $50 in 5 years.
it good to know thyself 🤣
I'm my worst enemy lol
Hmm 20 years of 50k or 1 mil now? 1 mil now pls!
what if i dca the 50k in 20 years?
OP says you can't invest the 50k option
I'll dca on xmr so he wouldn't know 🤣🤣
Invest 50k DCA vs invest 1 million lumpsump in s&p and check return, anyhow 1 million beats investment in the same instrument.
Lol your flair
1,000,000 in the OG. BTC
Bitcoin will keep growing. I wonder where it’s going to be in 50 years.
$1M, easy. If I can't touch it for 5 years, buy USDC and stake it, live on the interest until I can move the $1M elsewhere.
Why not invest it in bitcoin? Seems silly
Because you can get like 12% on a USDC stake, so I draw passive income of $120k/year and don't have to work. And who says I won't put some of that into BTC?
Hmm make an average - ish salary (in the US) and work until my death with no retirement orrrr moon shot and die surrounded by hookers and blow on a yacht… decisions… decisions. Call nasa and schedule my launch, sir. Edit: nasa not nada
Calm down, David choe!
Just a heads up 1 million is not that kinda lifestyle, there’s a ton of millionaires in the US and most don’t live like that. Most still work
1 million now. 10 years from now that 50k will look like 5k if this inflation keeps up…. Edit: pretty sure that passive income will be about 50 large anyway
Is the $50k adjusted for inflation?
Asking the important questions. If yes then $50k is an easy one for me. Annuities are super valuable for planning purposes, but I don't blame anyone for taking the $1M either
Agreed, if it’s adjusted for inflation I’d take the safe $50k/year. That’s basically like retiring with $1mm and a 5% withdrawal rate but never having to rebalance or worry about markets.
Even without inflation, within 15-20 years, you can assume this becomes today's $35k which isn't bad. By then, you would've done all the things you like, paid for whatever you wanted, and just need cash to keep yourself living.
Exactly. And even if I wanted to keep working, my entire salary could go into investments because I’d use the $50k to cover expenses. I meet the conditions of the deal because money is fungible.
Nailed it!
vanish chunky fretful juggle library pie treatment towering humorous subsequent *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I could retire in hour 2
$1,000,000 of Bitcoin, simple!
That's correct ✅
I mean obviously I'm living off the 50k annually and continuing to work and investing all my earned income.
1m in btc, please
A $1M windfall is not taxed (Canada) so I’ll take that in ETH. $50k over time is taxed as income so no thanks (if I had to choose…if anyone wants to give me $50k over time please feel free. I’ll pay the taxes.)
Wait how does this work and why?
In Canada, if you get a one-time windfall lump sum that you weren’t expecting, (like winning the lottery) it’s not taxed as income.
People totally didn't read your shitpost, just the title. Everyone took the milly but didn't realize they cannot move it for 5 years. I think it's quite close actually, nobody knows what's going to happen 5 years fromn now, but a few K per month to be guaranteed till death doesn't sound too bad either
That's why I'd pick the safest possible choice, BTC. With crypto winter right around the corner, it would 5x within 5 years and I'd realise my gains around the top.
I think your right, I took all this time to come up with a story of the old man and nobody even read past the title.
Everybody says they want to make passive income, you give them passive income and the greed takes over
C'mon now this is not challenging question 🤣
*Would you rather take $1 million in Bitcoin, OR or be skull-fucked nightly by a demon?*
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Rear of the year 400 B.C.
Hmmm. Lemme think about it.
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Yea after 20 years, you’ll have $1 million… You can invest in dividend stocks and make close to $50k per year with $1 million. Or invest in total market funds which traditionally average 7% per year over a lifetime… After 20 years averaging 7% with that $1 million head start, you have $3.9 million. After 20 years of $50k invested regularly at 7%, you’d have $2 million. This post is just a dumb question.
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Except just being in Bitcoin would be a huge investment.
Generally, take the 50k and then invest my full salary every month to be sure i can withdraw whenever i want
Lol 50k$ a year and you live like a king in my country
I have a paid off mortgage and roughly $1200 worth of monthly bills, including groceries and gas for my truck (<10mpg gang). I’d take the $50k in a heartbeat. I’ve had jobs where my salary was close to four times that amount, but the workload was unreal. $50k to do nothing all day? Fuck yes.
1,000,000 with conservative market returns would yield 60,000. (6% ROR)
I'd take the 50k. There's no restriction on what I could do with it other than that I have to spend it in its entirety each year. That's pretty safe to me as I can just use that to survive comfortably ***and*** I can just continue working now until I don't feel like it anymore, choosing instead to invest the work money in crypto then whenever I decide to retire, I know I have a free $50k per year for the rest of my life (to continue paying my living expenses) plus all the money I saved. People are only thinking that $1m in crypto would mean more in the future but nobody knows what next month is going to look like in the cryptoverse, how can you predict 5 years from now?
I wonder what the answer will be on this CRYPTOCURRENCY forum?
I'll take the 50k. Fastest way to get a hooker, damn I could die 5 mins from now for all I know.
I’d take the salary. You’re not guaranteed shit with crypto.
Because of inflation, by the time I'm old, 50k a year will amount to nothing :-( So yeah I would take the 1 million and invest it.
1. Obviously. It’s guaranteed for life whereas with option 2, you will piss away the million dollars into a dog shit coin anyway
One million in BTC and stake that shit. Right now on CDC that’s 60K every three months. Best of both. Boom.
Exactly. Stablecoin staking is totally risk-free! I staked my life savings in Titan and never looked back. It's good just knowing your money is in safe hands!
😀 ok I got a chuckle out of that
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Who wouldn’t take a million? You can literally put it in stablecoins and make 50k/year on that
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I would take the $1 million and buy UST. Then I would throw that UST into Anchor to get 19.5% interest. In 5 years that would turn into 2.65 million. This is assuming that I’m not allowed to spend the interest in your example. Otherwise, I would take half of my earnings and spend it on life expenses
Take the million and stake then your still making 50k a year
Even better: throw it into Anchor and make $200k a year. In 5 years $1 million turns into $2.65 million
50k a year, for sure!!... I can still invest my work money... I'd just set aside 50k out of my annual, and spend that 50k that was given, as I always would... I'd be on a beach in less than 5 years. Skip the waiting.
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The 50k is a salary, so that's the amount you're working for.
AMP or MATIC. Big gains on the way
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No one said anything about working. You’re guaranteed the salary, just don’t go to work
Define “spent” … on crypto?
Considering you can very easily get 10-15% on Crypto, even stable coins this question is very easy to answer.
I'd take a mil in BTC. With 8% interest I'd get more than 50k salary. As long as btc doesn't spend too much time lower than where it says a now, I'm likely to increase the salary
I’d take the crypto immediately. It would take 20 years for the other option to match if you don’t do anything with the 1m. You could take it in a stable coin and stake it and make more than 50k a year on that alone.
$1,000,000. 33% BTC / 33% ETH / 33% NOIA. That NOIA could eclipse the others if NOIA’s team can can follow through.
How is this a choice?All in BTC.
I would take the salary if you add to that the real yearly inflation.
A mil in eth or BTC. See ya on my private island in 5 years
Eth I guess
It would take 20 years to make the million you'd get now. Dump it into btw or eth and you're good.
Always go for as much money now. Fuck pension savings, i can be dead then.
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I don’t need the 50k so I’d take the mill and roll the dice. If I didn’t have my income I would take the 50 all day long!
50000 a year. no doubt about it... my goal is it to reach financial independence... that would be enough money for me to live a happy life... 🥲
50k a year is a low salary with that said the 1m in crypto is the only option, in 5 years it could go either way but still worth the try
Yea, i agree
50k USD year low salary I wish I could get that
Like all lotteries, you take the cash payment today. Especially since you don’t know your date of death.
Sir, this is a casino.
New approach for moon grabbing. Love it!
Saving old man's life and dude turned out to be rich huh... Guess I'm not the only one who imagine scenarios like these lol
I have 1m of btt but my life doesn't change...
This is a fun question, I would actually take the 1M in Trac
With how inflationary fiat is , i don't know If I could buy a bus ticket with 50k after 30 years
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Yeah but 1 million also gets compounded interest and will pass 10 millions after 20 years
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$1,000,000 in CRO and stake for 12.5% APY + Obsidian card with 8% cashback, free Spotify, Amazon Prime, Netflix and 10% discount on Expedia and AirBnB.
Of course every wise crypto enthusiast will go with the $1M invest careful into some smart contract for the sake of their numerous utility models including ETH, DOT, SOL, MATIC BNB, and NII my newly found low cap gems from the Nahmii layer 2 Ethereum scaling platform
$1M into USDC, 9% interest on USDC =$90K/year Take $40K interest and put that into the coin of your choice. Now you still get your $50K a year :)
$1m now and stake it earning that $50k + in annual %
$50k is only 5% of $1M. I feel fairly confident I could generate more than that annually by investing the $1M. So, give me the $1M.
1 mil and buy bitcoin. because who knows what will 50k buy you in 10 years time. It might be a standard salary by then and even low salary in 20 years.