reply on: What Would You Do With 50 Bitcoin? \ stacker news ~AskSN

pull down to refresh

236 sats \ 7 replies \ @Satosora 15 Apr \ on: What Would You Do With 50 Bitcoin? AskSN

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.

25 sats \ 3 replies \ @siggy47 OP 15 Apr

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?

36 sats \ 2 replies \ @Satosora 15 Apr

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?

10 sats \ 1 reply \ @siggy47 OP 15 Apr

You could invest in some startup fund like Ego Death Capital, buy some SN territories, etc. There are many possibilities.

72 sats \ 0 replies \ @Satosora 15 Apr

Right, these look promising. I guess it depends how hands on you would want to be?

31 sats \ 2 replies \ @ek 15 Apr

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

100 sats \ 1 reply \ @Car 15 Apr

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.

5 sats \ 0 replies \ @Car 15 Apr

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.