> it assumes that you, the current holder of the money, are more responsible than those other folks. I don't know, but I have a track record of success, while

> it assumes that you, the current holder of the money, are more responsible than those other folks. I don't know, but I have a track record of success, while they have a track record of failure, so I am a bit doubtful it will change. For example, I have a very deserving friend. I want to make sure he succeed. But I will never give in any crypto, as it would sell it the next day because he is afraid of variations. Likewise with money. Instead, when I hear he is struggling, I hire him to perform some work that will benefit him in his carrier, to gently nudge him while providing money but not as a gift since in my experience it breaks people spirit. > I also think you're getting a lot of downvotes because you are speaking from a very unsympathetic position, but it is an interesting discussion so I'd urge you not to get discouraged. I am a bit- I have tried keeping a simple message for years to people who want to make money - before the last bull market, it was something like invest 1 or 2 grands in crypto, just money you can afford to lose, it will get you a brand new car (feel free to check my posting history, I don't remember the specific wording) I even said that to arcticbull, who frequently diss crypto here. And a few month later, those who listened got their car. Most people thought I was talking funny. It was lost on them. I find that very sad. > If that's not an option then there are a number of good and responsible charities I am now convinced money will do nothing, whether you have it or not, or at best very little. What matters is foresight and leverage, to convert your ideas into implementations. Leverage can be obtained - VC do that if you have charisma. Fortunately for me I will not need them, as I am low on charisma! Still, biotech will be the next boom - whether it is augmenting humans, curing cancer, achieving immortality, it will bring lot of happiness. This is interesting and I can help make it happen. It will help many orders of magnitude more people than my money could. So I am learning biology. Hopefully it I will help me infuse money at some very precise chokepoints where it will be able to act as a positive enabler. In crypto, I saw that happen by people who have built the likes of coinbase.