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First you'd have to convert your 1BN gain of non-cash assets to cash every 2 weeks.
by bravo22 6y ago
First you'd have to convert your 1BN gain of non-cash assets to cash every 2 weeks.
- frgtpsswrdlame 6y agoThat wouldn't be very difficult.
- lotsofpulp 6y agoYou think the demand is so high that increasing the supply of shares for sale won’t have an effect on price?
- ianai 6y agoYes, look at the average daily volume for stocks. There’s plenty of opportunities for cashing out when you have that sort of asset.
- bravo22 6y agoYou'd also run out of that asset pretty fast.
- ianai 6y agoDoubtful. Bill Gates has been spending a lot of his time looking for ways to spend his wealth to help humanity. He’s not close to running out of wealth either. I sense that you’re looking for a denialist argument against this concept and potentially in bad faith. “If it’s not possible to actually cash out on 1B every two weeks then discussing the things we’d do with it is pointless.”