this post was submitted on 03 Jun 2026
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Title (media.piefed.social)
submitted 3 weeks ago* (last edited 3 weeks ago) by Buage_@piefed.social to c/lemmyshitpost@lemmy.world
 
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[–] peteypete420@sh.itjust.works 158 points 3 weeks ago (10 children)

Cash, the value be dammed. Im not trying to sell fucking gold. Im not a fucking merchant

[–] AllNewTypeFace@leminal.space 72 points 3 weeks ago (4 children)

If the gold is in an accepted standard form, such as krugerrands, you just need to find a precious metals dealer. If it’s just a pile of gold, then there’s a lot of hassle. I imagine ingots of the sort national gold reserves hold would be somewhere in between.

Shifting a large quantity of gold may require a non-optional explanation of its provenance, with “I woke up and it was just there” or “a genie gave it to me after I did an online quiz” not being adequate, and an inadequate explanation resulting in its forfeiture if not more serious legal hassles. With a large pile of gold and no good explanation, you may be reduced to smurfing small pieces of it to different dealers, moving around a lot and avoiding the attention that such a pile would inevitably draw.

[–] ShellMonkey@piefed.socdojo.com 23 points 3 weeks ago (7 children)

People like Al Capone would have a few things to say about unverified sources of wealth in any form. Pretty sure if I show up at a car dealer with a briefcase of bills it'll raise a few questions too.

[–] wonderingwanderer@sopuli.xyz 20 points 3 weeks ago

Yet another way society is biased against the poor. A rich guy shows up with a briefcase full of money and nobody bats an eye, it's just another day. A poor guy shows up with a briefcase full of money and then suddenly everyone starts asking questions, and if he doesn't have good enough answers he might get thrown in jail.

What if I mowed a rich guy's lawn and he gave me a really big tip? No, I don't remember his name. No, I didn't keep the address. It was over there somewhere, go that way, it's the big house with the mown lawn. You'll find it, just keep looking...

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[–] nuko147@lemmy.world 9 points 3 weeks ago

You don't sell the gold. You take 10x loans of gold's worth and use it as collateral. Like banks and billionaires do. Well maybe 100x..

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[–] deranger@sh.itjust.works 64 points 3 weeks ago (6 children)

Bills weigh 1g, and 1g of gold is >$100, so I’m going with gold.

[–] A_Union_of_Kobolds@lemmy.world 42 points 3 weeks ago (2 children)

Around $140/gram currently for those curious

[–] Asafum@lemmy.world 23 points 3 weeks ago (4 children)

So then, however disgusting the thought, if they do make the trump $250 bill then that would be the only case where taking the cash is the better deal (putting ease of use for gold vs bills aside)

[–] Evil_Shrubbery@thelemmy.club 11 points 3 weeks ago

WWII killed the 500 bill (that was gold-backed at the time) so now ppl have to smuggle gold.

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[–] socsa@piefed.social 29 points 3 weeks ago (4 children)

But the cash is more liquid. Selling $70M worth of gold is a hassle and would invite unwanted attention. $50M in cash you can spend right away.

[–] red_bull_of_juarez@lemmy.dbzer0.com 19 points 3 weeks ago (4 children)

Cash in this day and age is a huge pain in the butt. Sure, you can get groceries and some tech. But buying a house or even a car or pay for services? Impossible to very inconvenient. Even just paying for everything in cash will be a problem if you ever get audited. You'd need to launder the money somehow and at that point you can also take the gold.

[–] UnspecificGravity@piefed.social 19 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Another critical difference:

If you got a million dollars in cash you were obliged to pay taxes upon receipt, and if you did not do so and you try to deposit it, you are going to get flagged for a tax audit and subject to criminal charges.

If you got a million dollars in GOLD you don't pay taxes until you sell it. So you can sit on it for years and then sell it and deposit it and you only pay taxes at that moment and have not broken the law in doing so.

Money is income, Gold is just gold until you turn it into money.

[–] red_bull_of_juarez@lemmy.dbzer0.com 9 points 3 weeks ago (1 children)

Good point, but after a while someone would still want to know where the gold came from. Unless you sell it so slowly that it'd be barely useful to you.

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[–] CultLeader4Hire@lemmy.world 9 points 3 weeks ago (2 children)

You’re saying I should open a car wash?

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[–] Catoblepas@lemmy.blahaj.zone 7 points 3 weeks ago

So only go with bills if they’re in denominations >$100. I guess this would work better with euros.

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[–] TigerAce@lemmy.dbzer0.com 54 points 3 weeks ago* (last edited 3 weeks ago) (8 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.

[–] Spezi@feddit.org 15 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Could be that only the outer ones are 100 dollar bills while the inner ones are 1 Dollar bills because they are the same size.

Fun Fact: This is bad for accessibility, thats why the Euro has three indicators for blind people to find the right bill: different sizes, a feelable line structure on the side and different colors for those that can are legally blind but still can see some rough colors.

[–] rmuk@feddit.uk 9 points 3 weeks ago (3 children)

Those features you mentioned are actual quite widespread: the EU, Norway, Poland, the UK, Australia, Canada, NZ, and more all have them. It's really just the US that insist on having basically indistinguishable sludge-coloured notes. I used to handle international currently regular and hated dealing with US dollars.

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[–] TranscendentalEmpire@lemmy.today 14 points 3 weeks ago (12 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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[–] Kolanaki@pawb.social 36 points 3 weeks ago* (last edited 3 weeks ago) (4 children)

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 19 points 3 weeks ago (1 children)

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.

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[–] Themosthighstrange@lemmy.world 8 points 3 weeks ago (3 children)

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.

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[–] _stranger_@lemmy.world 7 points 3 weeks ago

78ish million for the gold, and 50 Million for the money.

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[–] gigastasio@sh.itjust.works 36 points 3 weeks ago (5 children)

Too metric. Can I get that weight in cheeseburgers please?

[–] hOrni@lemmy.world 30 points 3 weeks ago (1 children)

Ok. 500 kg of dollars, 500kg of gold or 500kg of cheeseburgers. Which do You choose?

Precooked weight if that matters.

[–] sundray@lemmus.org 8 points 3 weeks ago

Are those Troy kilograms? 🤔

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[–] kossa@feddit.org 32 points 3 weeks ago (8 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?

[–] captainlezbian@lemmy.world 14 points 3 weeks 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 12 points 3 weeks 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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[–] TommySoda@lemmy.world 30 points 3 weeks ago (4 children)

But steel is heavier than feathers...

[–] BenLeMan@lemmy.world 25 points 3 weeks ago* (last edited 3 weeks ago) (4 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 8 points 3 weeks 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.

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[–] WorldsDumbestMan@lemmy.today 13 points 3 weeks 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 12 points 3 weeks ago* (last edited 3 weeks ago) (4 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.

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[–] RememberTheApollo_@lemmy.world 12 points 3 weeks ago (9 children)

Gold: ~$145,000/kg

Dollar bills = about $1,000/kg

For reference.

[–] LodeMike@lemmy.today 21 points 3 weeks ago (3 children)

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

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[–] csolisr@hub.azkware.net 11 points 3 weeks ago (3 children)

And now you nerdsniped me into finding the value density of a dollar bill, which is roughly 1 gram, which makes a kilogram of dollars be worth some $1000 USD. Which still pales in comparison to the value of a kilogram of gold by at least a factor of 40-to-1

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[–] Delphia@lemmy.world 11 points 3 weeks ago (4 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?

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[–] HeHoXa@lemmy.zip 10 points 3 weeks ago

Homie flunked the pound of feathers riddle one too many times

[–] Agent641@lemmy.world 9 points 3 weeks ago (1 children)

A cube of gold weighing 509kgs would only be about 30cm on a side.

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[–] IvyisAngy@lemmy.world 8 points 3 weeks ago

Selling shit is a nightmare, fuck the pound-to-value maths, just give me the money.

[–] Diddlydee@feddit.uk 8 points 3 weeks ago (2 children)

I'd take either and be happy.

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[–] MeatPilot@sh.itjust.works 8 points 3 weeks ago (4 children)

What about... 500 kgs of Bitcoin?

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[–] sundray@lemmus.org 8 points 3 weeks ago (6 children)

I'd probably take the cash since I don't know how to turn gold bars into money. It's never come up before!

[–] Evil_Shrubbery@thelemmy.club 13 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Ez! Find your local CIA agent, exchange the gold for cocaine, go to you local financial district, exchange the cocaine for stocks, sell them immediately at double the price (that's just how the market works when all are motivated by greed), pay capital gain taxes, cash out at a local bank that will charge you like 10% in fees (+10% for the local FBI agent that doesn't want to believe), weight the money, it's exactly 107 bald eagles.

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