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A frustrating fact about the ultra rich is that you could hold their money for a fraction of a year and it be life changing, without affecting their wealth at all

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by COINS NEWS 223 Views

You and I are never going to be billionaires.

Maybe we’ll get lucky and make it to millions, but statistically speaking even that is a long shot.

But what if you could just hold a billion dollars for a day? A week? A month?

$1 billion is a lot of money. It’s as far away from $1 million as $1 million is away from $1000.

Let’s say you gain access to a billion dollars worth of crypto today. Someone accidentally sent it to you, and have written a plea to you to send it back.

Naturally you’re a good person and send it back - after a short while. You decide to leave it staked while pondering returning it, in a coin that returns a modest 5% annually (we’ll use APR instead of APY).

  • After one day you’ll have earned $13,698
  • After one week you’ll have earned $96,153
  • After one month? A cool half a million dollars

For most people in third-world countries, that’s more than life-changing money daily. Hell, even if you consider the average american’s idea of lifechanging then that’s lifechanging just holding it for two days.

And the worst part about this? Even after returning it, your life can be changed and the billionaire gets all their money back as well.

submitted by /u/TheImminentFate
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