• 🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 @pawb.social
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    19 hours ago

    What denomination are the bills and how much does each brick of gold weight? Cuz I mean, if the bills are high enough, like $5000s they might be worth more than the gold.

    Edit: The weight of the money doesn’t matter as much as the denominaton here. A $1 bill weighs the same as a $500 bill, y’all. If gold is $145 per ounce, a 500kg pile of $500 or $1000 bills that weigh about 1 gram each is worth a lot more. If they are $1s, $5s, $10s, $20s, $50s or eveb $100s, take the gold. If they are $500s or higher, take the cash.

    • josephc@lemmy.ml
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      19 hours ago

      A US $1 weighs 1g according to a random website I found on the Internet. I tested and it’s close enough.

      As of today 2026/06/02, a gram of gold is worth about $140 assuming it’s minted and the purity is known.

      That honestly surprises me. It means that gold and bills (assuming c-bills) are within an order of magnitude of each other.

      Worst case with bill denominations: half a million. Best case with bill denominations: 50 million dollars.

      Worst case with gold: $140/g less 10% worst case for verification and bulk buy discounts. $120/g ballpark. $60 million. Best case with gold: ~$70 million dollars upper bound for known minted purity.

      So gold has the highest potential return but also the highest overhead.

      I’d probably go gold. Even if I lost 50% due to overhead, I’d be able to pay my mortgage and my brother’s student loans and for my mum to live in a nice place.

      Honestly, any of them would be a life changing amount of money.

      • stoly@lemmy.world
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        18 hours ago

        I didn’t do the math but concluded that gold was the better value but harder to handle.

    • Themosthighstrange@lemmy.world
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      19 hours ago

      a hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you’ll pay income tax on the gold profit when you sell to get your cash.