It seems more plausible to me he actually doesn't have the gold.
At 16 waking hours per day, we're losing at least half of that with work, so it would only take 1 additional decade before I break even in terms of time, not even considering the vastly improved quality of life having millions of dollars of annual passive income nets you. I could even afford dram.
And I don't think it's a good idea to hand family members never-work money. Their own achievements become meaningless.
Otherwise I agree with you it’s not a trade off that is worth it at any point in life
This is kind of why I want to make this survey now because there’s no way I’d spend a decade of my life in prison for any amount of money. I would do six months for $3M. I’d maybe do 12 for $10M. But beyond that…I don’t know, even a year seems like too long to be behind bars.
People in this thread seem to think that jail is something like vacation.
You're saying that making money is the sole criteria for "meaningful achievement"?
Their own achievements become meaningless.
I'm sure most people wouldn't mind.I'm sure there are people out there who would find meaning in creating art of some type, or turning their fortune into an even bigger fortune, but I suspect those people are rare.
That's because they're human, not because they're filthy rich and have all the privileges in the world.
If it were that simple they could give all their money away and get a job at Walmart to find perfect happiness.
Which correlates strongly with ‘success’ in any system where there is a clear metric for success, which is certainly true for our current economic system eh? If there was a system they wanted to compete in where the metric was ‘happiness’ measured by some concrete metric, I bet those same people would be as aggressively ‘happy’ with however it was measured too - and just as actually miserable.
That those people are rarely (if ever) happy is a side effect of those attributes, and a core part of what makes them the way they are.
After all, if they were able to be happy with anything less…. They’d have stopped already? And hence have less/a lower ‘score’ on that particular metric? And probably actually be happier.
Notably, I know plenty of people who are very happy with nothing - dirt poor - and plenty of people who are also miserable with nothing too.
The difference is, it’s a lot less competitive being dirt poor eh?
I general, as in some rich weirdo like Mr. Beast made that deal and you can have your $400m fair and square at the end? Ok that’s a different scenario to one more plausible here where after 10 years you and your family may never be able a to spend it without being sued or jailed again because it’s disputed.
Second, it depends on if you can keep anybody else who is in jail from knowing that you're sitting on $400 million. Otherwise that info will be beaten out of you long before your sentence ends. Maybe that's OK if it's at the bottom of the sea.
The idea that money will cure all life's ailments and screwups and bring happiness is an idea of a clueless poor man. At that age, priorities are normally elsewhere since everybody feel like they don't know the day and hour when something bad happens.
Most people come out of prison in WAY better shape than they went in
It's not prison, but I know people who spent time in various county jails for weeks to months, and all of them definitely came out worse, and did their best to stay as far away as possible from going back (at least as far as I could tell).
10 years is nothing compared to 400m
Ever spent even a week in county lockup?
You just reminded me of this old internet horror story https://www.youtube.com/watch?v=3h-cAbOyRXc
For one, to convict him, they’d need to prove the coins existed (actually) and they were plausibly worth that much. Not a straightforward thing if you have no idea where they are, eh?