this post was submitted on 03 Jun 2026
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Title (media.piefed.social)
submitted 2 days ago* (last edited 2 days ago) by Buage_@piefed.social to c/lemmyshitpost@lemmy.world
 
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[–] Digit@lemmy.wtf 1 points 8 hours ago* (last edited 8 hours ago) (1 children)

Whussat, in single dollar bills, so about a grand per kilo? VS about a hundred grand per kilo?

Or we talking 100 dollar bills, so, about the same?

... Volume may be the deciding factor.

... Wait. Can't we just skip to the end already, provision everybody with the emancipatory technologies, radically transforming our economy, obsoleting the need for money...?

[–] bitjunkie@lemmy.world 2 points 7 hours ago (1 children)

You can see that they are 100s in the picture

[–] CrabAndBroom@lemmy.ml 1 points 7 hours ago (1 children)

If they're worth about the same, I'll still take the gold then. My logic being: 1. I'm not American. 2. I just think having a big pile of gold is cooler.

[–] bitjunkie@lemmy.world 2 points 5 hours ago (1 children)

Gold is really dense. It wouldn't be that big of a pile. Still worth a shitload, though.

[–] CrabAndBroom@lemmy.ml 1 points 3 hours ago

Still a bigger pile of gold than I have now lol

[–] assassinatedbyCIA@lemmy.world 5 points 13 hours ago (1 children)

But gold is heavier than bank notes

[–] IhaveCrabs111@lemmy.world 1 points 5 hours ago

Yes but have you considered that bank notes are lighter than gold?

[–] BenLeMan@lemmy.world 25 points 20 hours ago* (last edited 11 hours ago) (2 children)

You do realize that if you take either the gold or the cash you're still roughly a billion dollars away from being a billionaire? At $72m you still have about 93% of the way to go before you hit even one billion. Elon is currently somewhere north of $700bn.

I'm just pointing this out because many people don't realize how excessively rich billionaires actually are. Many still seem to think we're talking about cutting into people's rainy day savings when we're calling for billionaire's fortunes to get taxed. FWIW, nobody earns that kind of money.

With all of the above said, if it is legit and comes with no strings attached, I will gladly take the ~$70m in gold (with approximately the dimensions of a microwave). Even if I have to pay taxes on it.

While gold does incur a conversion cost when putting it in a bank account, the same is true for a large amount of cash (especially when it is in a foreign currency). And gold has an intrinsic value which only increases over time. Thanks!

[–] Tartas1995@discuss.tchncs.de 9 points 17 hours ago

For context:

500kg cash in 100 USD bills (like on the picture) would be roughly 50.000.000 USD.

And 500kg of Gold would currently be 71,396,000 USD.

[–] JennaR8r@lemmy.dbzer0.com 3 points 17 hours ago (2 children)

Hey please explain the microwave comparison. I didn't understand that part.

[–] waldfee@feddit.org 7 points 16 hours ago* (last edited 16 hours ago)

Gold has a density of 19.283 kg/l, so 500kg of Gold would only be about 26l big

[–] TroublesomeTalker@feddit.uk 7 points 16 hours ago

Gold is really heavy, so 500 Kg fits in a small space.

[–] Delphia@lemmy.world 13 points 21 hours ago (1 children)

A lot of this question really hinges around one question. What do I have to tell the government?

Do I get this as a prize? A gift? An inheritance? Income? Magical Genie appearance? Do I have to launder it? Am I going to get audited?

[–] ChonkyOwlbear@lemmy.world 4 points 19 hours ago (1 children)

It's a lot harder to explain bundles of cash. Remove any identifying marking on the gold and claim it as marine salvage.

[–] Delphia@lemmy.world 4 points 17 hours ago (3 children)

Except I dont own a boat, scuba gear and cant provide a lick of evidence that its marine salvage if even the most basic question is asked.

Its a lot easier to gradually introduce cash into my life without generating a paper trail.

[–] ChonkyOwlbear@lemmy.world 1 points 7 hours ago* (last edited 7 hours ago)

So rent a boat and scuba gear and putter around the coast of Florida for a few days.

Buying groceries with cash is nice and all, but you will never put a dent in that much money doing it that way.

[–] Zexks@lemmy.world 1 points 14 hours ago

Lol what your local kroger doesnt take gold bullion for milk.

[–] JennaR8r@lemmy.dbzer0.com 1 points 17 hours ago

I like the way you are way overthinking this like a true adult who knows how the world works. But hey it's just a silly meme with an ridiculous "what if" question, so let's assume there are no strings attached, no stipulations, this is not taxable and you don't have to report it to the IRS. Now you can let your imagination run wild, Which would you choose? Cash? Or gold? I think the question comes down to which equivalent weight of each is worth more than the other.

[–] Gammelfisch@lemmy.world 5 points 20 hours ago

I'll take the gold, MAGA is royally fucking up the USD.

[–] WorldsDumbestMan@lemmy.today 18 points 1 day ago (1 children)

Is it 100 dollar bills? How much? Each weighs a gram. Gold is worth...145$ peer gram. So that means...gold will always be worth more, unless severely diluted.

[–] Notyou@sopuli.xyz 13 points 1 day ago* (last edited 1 day ago) (3 children)

Yeah, but what's more liquid? I can take those 100s and pay most of my expenses in cash for the rest of my life.

If I take the gold bars, I would have to find a buyer or find a way to convert it into cash. I'm sure most people and places will have questions about how I got the gold bars.

[–] explodicle@sh.itjust.works 8 points 22 hours ago (1 children)

It's entirely plausible that the dollar could collapse to near worthless within our lifetimes. Inb4 Americans who think the world would be ending.

[–] BNE@lemmy.blahaj.zone 2 points 21 hours ago

Bass boosted, reverb inshallah.

[–] BigDiction@lemmy.world 2 points 18 hours ago

Plus we may have a $250 bill coming soon to make the cash option even more attractive!

[–] stardreamer@lemmy.blahaj.zone 6 points 1 day ago* (last edited 1 day ago)

When you heat both sides up: one is liquid, the other is flammable.

[–] VM_Abrantes@lemmy.world 6 points 21 hours ago
[–] HeHoXa@lemmy.zip 16 points 1 day ago

Homie flunked the pound of feathers riddle one too many times

[–] kossa@feddit.org 44 points 1 day ago (5 children)

Everybody ITT

But I would have to pay taxes 😱

What are y'all doing complainig about billionaires not paying taxes, when you want to avoid them already talking about imaginary money?

[–] enbiousenvy@lemmy.blahaj.zone 1 points 8 hours ago

ITT: having less limmy reference than expected and took it literally

[–] DisasterTransport@startrek.website 1 points 13 hours ago* (last edited 13 hours ago) (2 children)

You would have to pay taxes, and that's fine. But how do you report a sudden windfall of fifty million dollars in cash?

[–] kossa@feddit.org 3 points 12 hours ago (1 children)

Idk, but I am pretty sure it is possible to find a lawyer who will explain it to me, when I am sitting on 500 kg of 100$ bills ¯\_(ツ)_/¯.

Fair enough lmao

[–] captainlezbian@lemmy.world 18 points 1 day ago (3 children)

Yeah, oh no I have to pay taxes on a massive windfall… Fuck off with that, I want my society to function. I get that it's a big chunk, but it's also free money.

[–] holy_scroller@lemmy.zip 15 points 1 day ago (2 children)

I've heard numerous people complain about getting a raise because they would end up in a higher tax bracket and come out net negative...I don't think most people understand how tax brackets work.

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[–] RememberTheApollo_@lemmy.world 15 points 1 day ago* (last edited 1 day ago) (9 children)

Gold: ~$145,000/kg

Dollar bills = about $1,000/kg

For reference.

Edit: didn’t tap the image to see $100 bills. Add a couple zeros to the $/kg amount.

[–] LodeMike@lemmy.today 26 points 1 day ago (4 children)

It'd be $100,000 because they're $100 bills

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[–] TigerAce@lemmy.dbzer0.com 67 points 1 day ago* (last edited 1 day ago) (13 children)

500kg of gold is $72.6 million as of current market value.

The image shows 100 dollar bills, so let's assume the 500kg consists of just that. That would add up to ~$50 million (~1 gram each, adding up to 500.000 bills).

Gold increases in value. The dollar is decreasing in value and Trump is making sure it's going to tank as soon as possible.

Gold is worth more and is a wiser investment over time so I pick gold, with delivery please and thank you.

[–] TranscendentalEmpire@lemmy.today 14 points 1 day ago (14 children)

Good luck liquidating 500kg of gold without someone taking a decent cut. Gold doesn't always increase in value, it's a highly volatile commodity and atm is highly over speculated. More than likely whenever trump dies or leaves the office the market will correct itself to pre-pandemic pricing.

When people who don't understand what fiat currency is get scared by geopolitical instability they buy gold. Whenever those geopolitical instabilities absolve themselves they sell.

You'd probably be better off taking cash and investing it into index stock then taking the time and money to store, transport, and sell that much gold. There's a reason why billionaires are building Scrooge McDuck vaults and swimming in bullions.

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both are more than I can carry , I'll take 30kg of gold

[–] lemonSqueezy@lemmy.world 2 points 21 hours ago

Classic. Well done ?

[–] reksas@sopuli.xyz 4 points 1 day ago

how about trillion tons of zimbabwean dollars

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