I think we’re going to see millions more bitcoin burned post-hyperbitcoinization as whales realize they can’t possibly allocate all that capital, that much money wouldn’t be healthy for their kids to inherit, and burning coins will “lift the boats” of their fellow bitcoiners. Saylor, for example.

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I hope not. I know a ton of great good non-profit orgs. Why not just time lock the Bitcoin and help generations of humanity.

Large non-profits almost all become commie hotbeds. Ford / Rockefeller / gates foundations etc. especially if there is no founder figure around to keep it on track.

Because it takes an extraordinary amount of special skills to wisely use wealth you did not put blood and tears into acquiring

Sure, it’s going to be difficult, but that’s life. We have to do hard things all the time. You definitely want to entrust that kind of wealth to trustworthy people.

But if you don’t know 1-5 people you’d entrust $1 million + to you’re doing life wrong.

Ha, ha righhhttttt.....

Sounds like a terrible idea. If you raised your kids right you wouldn’t have a problem? You could always lock coins for a time period or like others said, donate to specific causes.

Most people don’t raise their kids right, and philanthropy doesn’t have a good record at massive scale. The Rockefeller / ford / gates fortunes are basically commie slush funds at this point …

Also, philanthropy doesn’t work well long-term

just make complicated treasure hunts with a titanium seed stamp at the end

agree some sort of reallocation protocol would be useful

Burning is a fair reallocation protocol

No

Saylor doesn't have kids, officially at least.

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IF YOU BELIEVE SAYLOR IS GOING TO BURN HIS COIN YOU ARE RETARDED.

What do you think he’ll do?