If someone becomes a billionaire from watching one of your videos would you accept a $25 million dollar donation?

[zara512]

So, I think one of your videos found me a company whose product could generate a billion dollars over ten years. If I'm right I want to donate $25 million dollars think I might have figured out a means of never needing gainful employment. Have a good company name I need to trademark.

[Levent]

Me? fuck yeah.

[Spotty]

Best of luck with your billion dollar idea. Even if LMG won't accept a $25 million donation you could just buy a million LTT water bottles on lttstore.com

[zara512]

I might become a James Bond villian watching cat videos all day, while plotting to replace your local government with Anarcho-capitalism. 

[zara512]

1 minute ago, Spotty said:

Best of luck with your billion dollar idea. Even if LMG won't accept a $25 million donation you could just buy a million LTT water bottles on lttstore.com

Ask them to melt it down into some type of statue. Linus has to use $10 million of it to hire a crew to move the water bottles to the furnace? 

[Dedayog]

13 minutes ago, zara512 said:

So, I think one of your videos found me a company whose product could generate a billion dollars over ten years. If I'm right I want to donate $25 million dollars think I might have figured out a means of never needing gainful employment. Have a good company name I need to trademark.

Uhm, good luck?

 

[Dedayog]

9 minutes ago, zara512 said:

I might become a James Bond villian watching cat videos all day, while plotting to replace your local government with Anarcho-capitalism. 

Oh, it's an edible day, now I get it 

 

[zara512]

Oh I'll be back if I'm right. Just need to figure out some stuff. 

[LogicalDrm]

-> Moved to Off Topic

[CerealExperimentsLain]

39 minutes ago, zara512 said:

So, I think one of your videos found me a company whose product could generate a billion dollars over ten years.

Anyone want to start a betting pool?

[tkitch]

15 minutes ago, CerealExperimentsLain said:

Anyone want to start a betting pool?

I will absolutely put every penny I have to my name against this one happening.

[CerealExperimentsLain]

1 minute ago, tkitch said:

I will absolutely put every penny I have to my name against this one happening.

Do betting pools work if no one bets for the winner?

Maybe we should do a death pool, and we bet on what DATE this fails?

[tkitch]

2 minutes ago, CerealExperimentsLain said:

Do betting pools work if no one bets for the winner?

Maybe we should do a death pool, and we bet on what DATE this fails?

My money is on...   about 30 minutes after this topic was posted.

[CerealExperimentsLain]

Just now, tkitch said:

My money is on...   about 30 minutes after this topic was posted.

OP has some posts in their history from May about trying to set up a Chia farm... So they might have a tendency forwards chasing 'Get Rich Quick' schemes...

[zara512]

A family friend owns the company that makes BPs credit card processing unit. I think he'll advise me for free. I like to gamble. I'll let you know if this works by making every phone in the world ring out at once. 

[zara512]

1 hour ago, CerealExperimentsLain said:

OP has some posts in their history from May about trying to set up a Chia farm... So they might have a tendency forwards chasing 'Get Rich Quick' schemes...

Well, thought out, and not Chia. If I setup my Bitcoin mining operation in 2012, which I almost did, I'd be a billionaire. 

 

I don't have much fear of losing money, and I'll invest in high risk high reward assets. I also know how to optimize Linux to maximize performance, and limit power draw. Plus, the computer I built 6 years ago is pretty decent for being 6 years old and only 8 cores. 

 

I figure if I can get 0.3 coins a day from a pool I'll profit. Tweak and rework the machine. Worst case I just upgraded my computer.

[CerealExperimentsLain]

1 minute ago, zara512 said:

Well, thought out, and not Chia. If I setup my Bitcoin mining operation in 2012, which I almost did, I'd be a billionaire. 

If I had bought a lot of Apple stock in 1995 I'd be super rich today too.  Sadly few investors have access to time machines to take advantage of such knowledge.

[zara512]

My dad refused to give me a loan for bitcoin mining when I asked for it. My theory was people don't like paying taxes. Cryptocurrencies grow as the result of not wanting to pay taxes. The nation state ceases to exist, as the end result when people stop paying taxes, and give it to alternative services for greater cost efficiency. Private governance takes over public. The complete privatization of the world is the end result. 

[zara512]

11 minutes ago, CerealExperimentsLain said:

If I had bought a lot of Apple stock in 1995 I'd be super rich today too.  Sadly few investors have access to time machines to take advantage of such knowledge.

I was also decent at Poker. Not good enough to go pro, but usually break even. I'll get to like a thousand dollars, and get hit by terrible odds from a new player that should have folded based on me bringing him all in during the blinds with deuce seven. The odds are like a million to one he wins. 

[Wictorian]

13 minutes ago, zara512 said:

My dad refused to give me a loan for bitcoin mining when I asked for it. My theory was people don't like paying taxes. Cryptocurrencies grow as the result of not wanting to pay taxes. The nation state ceases to exist, as the end result when people stop paying taxes, and give it to alternative services for greater cost efficiency. Private governance takes over public. The complete privatization of the world is the end result. 

Fees are so high with cryptocurrency too though.

And instead of building a mining farm, wouldn't it make more sense to just invest in Bitcoin? (In 2012)

[zara512]

1 minute ago, Wictorian said:

Fees are so high with cryptocurrency too though.

And instead of building a mining farm, wouldn't it make more sense to just invest in Bitcoin? (In 2012)

Probably would do both. In 2012 you'd be able to farm tons of coins, and just hold them. I don't believe exchanges existed back then so purchasing large quantities was sketchy. You bought Lyndon dollars, and converted them to Bitcoin. I wonder if people are committing tax evasion doing that these days. 

[Avocado Diaboli]

1 hour ago, zara512 said:

My dad refused to give me a loan for bitcoin mining when I asked for it. My theory was people don't like paying taxes. Cryptocurrencies grow as the result of not wanting to pay taxes. The nation state ceases to exist, as the end result when people stop paying taxes, and give it to alternative services for greater cost efficiency. Private governance takes over public. The complete privatization of the world is the end result. 

None of this makes any sense. What do you think taxes are? A generic money sink that people just have to pay for the hell of it? Besides, the reason many things are public and not private is because both sectors operate for the benefit of their owners. The public sector is owned by everybody so a majority is going to profit from it. The private sector isn't. This is why paying for public infrastructure and services with taxes makes more sense than letting government be run like a private corporation. That would be the stupidest thing imaginable. If public infrastructure were privatized, you either end up with a monopoly where the company running things jacks up the prices because there's no competition or the service ends up getting worse because of cost cutting measures. Read up on the privatization of British Rail, one of the biggest economic blunders in history (not to mention that it firmly put to bed this myth that government is always highly inefficient and more expensive than it needs to be), because you clearly seem to not have the slightest idea what you're talking about.

 

Case in point:

Crypto doesn't grow because people don't want to pay taxes. People never want to pay taxes because it's a fallacious knee-jerk reaction to thinking that you somehow get less out of it than you actually are. Crypto grows because it's an investment opportunity, much like stocks.

 

So yeah, considering this, I'll be very surprised if you end up becoming a billionaire chasing that get-rich-quick scheme you hint at. I look forward to your future MLM adverts.

[Jtalk4456]

36 minutes ago, zara512 said:

My dad refused to give me a loan for bitcoin mining when I asked for it. My theory was people don't like paying taxes. Cryptocurrencies grow as the result of not wanting to pay taxes. The nation state ceases to exist, as the end result when people stop paying taxes, and give it to alternative services for greater cost efficiency. Private governance takes over public. The complete privatization of the world is the end result. 

i'm not an economist so take this with a grain of salt, but i'd assume if crypto got big enough, government regulation will kick in with taxes same as it does with everything else

[zara512]

Just now, Avocado Diaboli said:

None of this makes any sense. What do you think taxes are? A generic money sink that people just have to pay for the hell of it? Besides, the reason many things are public and not private is because both sectors operate for the benefit of their owners. The public sector is owned by everybody so a majority is going to profit from it. The private sector isn't. This is why paying for public infrastructure and services with taxes makes more sense than letting government be run like a private corporation. That would be the stupidest thing imaginable. If public infrastructure were privatized, you either end up with a monopoly where the company running things jacks up the prices because there's no competition or the service ends up getting worse because of cost cutting measures. Read up on the privatization of British Rail, one of the biggest economic blunders in history (not to mention that it firmly put to bed this myth that government is always highly inefficient and more expensive than it needs to be), because you clearly seem to not have the slightest idea what you're talking about.

 

Case in point:

Crypto doesn't grow because people don't want to pay taxes. People never want to pay taxes because it's a fallacious knee-jerk reaction to thinking that you somehow get less out of it than you think. Crypto grows because it's an investment opportunity, much like stocks.

 

So yeah, considering this, I'll be very surprised if you end up becoming a billionaire chasing that get-rich-quick scheme you hint at. I look forward to your future MLM adverts.

If you privatize everything the system encourages price effeciency for services. There's going to be a war in the next 100 years between wealthy anarchists and nation states. They'll pay military members to defect and hire pmcs. I think we might be approaching the end of history, when the state ceases to exist. 

[Avocado Diaboli]

31 minutes ago, zara512 said:

If you privatize everything the system encourages price effeciency for services. There's going to be a war in the next 100 years between wealthy anarchists and nation states. They'll pay military members to defect and hire pmcs. I think we might be approaching the end of history, when the state ceases to exist. 

You're either trolling or way past the point of being able to be educated. I usually employ Hanlon's razor, but this time, my instinct tells me you're really just a troll when you spout nonsense like this.