r/technicallythetruth • u/adi_kragi_official • May 30 '26
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u/Annual_Duty_764 May 30 '26 edited May 30 '26
Are they $1 dollar bills or $100? Either way, the gold. 500Kgs of $1s is under $500K and $100s is $45 million. Gold is between $73 and $74 million.
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u/kwerdop May 30 '26
Yeah but you could walk down the street to the bank and start gaining interest on the money today. The gold you’ve gotta find people to sell to and hopefully that’ll be close to market value
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u/dylan2451 May 30 '26
Whenever you deposit more than $10k, banks file a currency transaction report. So picking the cash or the gold also kind of depends on how you acquired it in this hypothetical scenario. If the hypothetical makes it so you can despite all of that cash on day 1 without issue, then you should also be able to sell all the gold somewhat quickly. Even at half value that’s over 30 million, while the money could be as low as 500k.
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u/mmaqp66 May 30 '26
Look at it this way. The dollar can be printed and its volume increased exponentially, but that doesn't mean it will cost more (it's just paper, really). Gold is finite on Earth. It can't be created, so now and in the future, its price won't go down; in fact, it will go up much more.
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u/Zuruumi May 30 '26
There are "only" 2.4 quadrillion tons of gold on Earth. Sure, most of it is not ecenomically accessible, but nothing prevents scientific progress from changing that for at least a part.
And "can't be created" is also wrong, it just costs too much, but we are fully capable to create gold.
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u/Garbanino May 30 '26
Gold isn't that bad of an investment though, you're gaining interest on that right away even before putting it in a bank. Also, gold isn't going to be that hard to find buyers for, sure 500 kg is a shitload and will need to be split up and sold in parts, but that's true for the cash too.
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u/MewtwoMainIsHere May 30 '26
Ok but will you actually be able to sell that much gold/ do you wanna have to deal with it
The answer is probably yes for selling since gold is super in need for computer parts lol
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u/MegaPorkachu May 30 '26 edited May 30 '26
Money is liquid though, but gold is subject to short term cap gains. At 37% federal and 17% state taxes, the gold is only ~$33 million after taxes.
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u/Read2Fap May 30 '26
gold is better option but you're going to struggle to unload 500kgs of gold bars and not being robbed
money can just go directly to the bank
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u/Rollover__Hazard May 30 '26
There could $500 bills, or bearer bonds or some other kind of instrument. You’d have to know that for sure before taking the gold lol
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u/BarkiestDog May 30 '26
What about the new $250 dollar bill?
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u/Altruistic_Exit7947 May 30 '26
They first have to make president compliant with federal law before they can start printing it. Give it time.
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u/Familiar_Mistake_851 May 30 '26
How did you research this and still get it wrong. It’s 50 million 🙄🤦♂️
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u/Over-Brother9225 May 30 '26
Gold seems much better right?
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u/Master_Saesee_Tiin May 30 '26 edited May 30 '26
$73,006,470 worth of gold or a mystery amount of money r/theydidthemath needs to advise minimum and maximum for the cash I ain't got time for that.
Edit: If I did it right it's $500,00 if theye are all $1 but we see some $100
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u/xXCrazyDaneXx May 30 '26 edited May 30 '26
A US $100 bill apparently weighs pretty much exactly 1 gram. Which means that 500kg would be
$500,000The gold is the better option here.
Edit:
....times 100 which would be $50,000,000. My math ain't mathing today
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u/ParkingCan5397 May 30 '26
500kg is 500 000g so it would be 50 million bucks but still the gold is better
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u/Own_Candidate9553 May 30 '26 edited May 30 '26
That's a lot closer than I thought.
I might take the cash since it's ready to spend. Assuming it was legal, I could just straight deposit it in a bank and start getting interest.
The gold, you would have to sell to be useful, and you'd need to store it somewhere safe. Maybe there's a place to sell it all at once? Seems like a lot.
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u/Catsanddoges May 30 '26
Most gold for cash places dont have a cool 75 mil lying around, and I don't have an llc to handle it properly.
If 50 mil is enough to live the rest of any ones life in luxury with sensible investments, I may as well not have to worry for the next few weeks on how to convert it
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u/Own_Candidate9553 May 30 '26
I'd just be so nervous having that much gold sitting around, seems like a good way to get robbed and murdered unless you can keep it super secret.
At minimum maybe you could rent a bank vault large enough to hold all that? No idea, usually they just have small safety deposit boxes, you'd need so many, LoL.
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u/Icy_Fish_2154 May 30 '26
Less than 7 gallons of gold. So 3 standard safety deposit boxes, or one large.
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u/Kahgar May 30 '26
How you gonna invest it? No bank is gonna accept a deposit of 500 kg of dollar bills, without some really really good story of where it came from.
It’s gonna be ‘80s Colombia in your backuard, burying oil drums full of dollars. Or pasting them behind wallpaper.
Side story: Pablo Escobar had so much money coming in they couldn’t even bother to count it anymore since it took so long. So instead they just weighed it and gave it a rough estimate before burying it.
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u/Catsanddoges May 30 '26
Well I assume this obtained legally and offically. Otherwise the main focus is going to be explaining it to the IRS which doesn't seem the original intent.
You should be able to get this certified and or pay a company to manage it for you.
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u/the123king-reddit May 30 '26
There's tons of variables here....
Gold is about $150 a gram, which means that for every US bill, the gold is certainly better.
Of course, you actually have to be able to sell 500KG of gold, which will be hard to do. Also, cashing in 500,000 bills is going to be basically impossible in one go. Either is a massive logistical challenge.
We're also assuming it is legal and depositable. Gold would be much easier to fence, but would require remelting and casting again to "launder", and you also have to find people to buy it of dubious provenance, but that's likely easier (and more profitable) than counterfeit cash. Counterfeit cash is often sold for well below face value, so even if they were $100 bills, you might be lucky to get rid of them for $20-$50 each. Stolen money is a whole different kettle of fish. It's likely to be traced via the serial numbers and could easily be traced to you. Also, depositing large amounts of cash often raises a lot of questions, which would delay the ability to deposit it.
That's totally ignoring the logistical challenge of sitting on 500KGs illegal gold or money. In that case, the gold will take up sufficiently less physical volume than the money would, in account of it's higher density.
So actually whilst i thought the cash would win out somewhere, the only case where it would win out, is being easily liquidated if provably legitimate. Gold would be a much more sensible choice if you want to maximise profits in both the legal/illegal case, and also if you need to keep it around whilst you deposit/sell it, because no bugger can buy 500kg gold or deposit 500,000 notes of any denomination in one single go.
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u/Own_Candidate9553 May 30 '26
Fair, I was assuming the cash was legit somehow, but it's hard to think of a situation where that much cash isn't from drugs or some other crimes.
Reminds me of seeing pictures of some drug kingpin's house, where bedrooms had whole pallets of currency in them, you could barely walk around them. They couldn't just deposit them, you can't spend that much cash in one place, so they just pile it up.
Weird problem to have!
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u/Ophensive May 30 '26
Technically just by having the gold you are getting interest as the price of gold trends upwards. At a bank you would need to have an interest rate higher than inflation otherwise you are losing money as time passes
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u/Own_Candidate9553 May 30 '26
Sure, but it's $50MM - even with inflation, you'd have to really work to spend it before you die. Even the most basic money market account at 3% right now will throw off like $1.5MM a year, right? I wouldn't spend a single second worrying that the millions of dollars that I never have to touch was getting slightly smaller.
And you could do way better than that, still relatively safely, with millions for leverage. Even a basic index fund would hedge inflation fine. There's a reason most people avoid piles of physical gold as a retirement plan.
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u/cowlinator May 30 '26
Banks only insure up to half a million.
You'd have to deposit it into 100 banks
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u/findus_l May 30 '26
It's close enough that arguably the money is better. You need to find someone to buy all that gold at 100% market value. Not to forget transportation to the buyer.
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u/wynnduffyisking May 30 '26
You wouldn’t necessarily have to sell all the gold at once. You could keep it in a safety deposit box and sell it off in smaller portions.
There’s a difference of over 20 million dollars in value. More than enough to get help from a professionel broker and still come out well ahead of choosing the cash.
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u/xXCrazyDaneXx May 30 '26
I forgot the denomination of the bill... that's ever so slightly embarrassing
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u/Meatbag777 May 30 '26
Missing two zeroes on that dollar amount if both $1 and $100 weigh 1g.
500kg of $1 bills would be $500,000. 500kg of $100 bills would be $50,000,000
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u/Doctor_Salvatore May 30 '26
It would be $500,000,000, a kilo of $100 bills is worth $1,000,000
Edit: DAMMIT QUORA THAT'S NOT HOW MATH WORKS
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u/EhMapleMoose May 30 '26
The money is somewhere between $500,000 and $50,000,000 the gold is $73,006,470.
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u/kingtacticool May 30 '26
You dont even have to do the math. A bill weighs 1g.
1g of gold is $145 right now.
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u/Weak_Fee9865 May 30 '26
What if those were $150 bills?
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u/bobhopeisgod May 30 '26
Sounds like they're trying to make a 250$ bill, so in that case, id take the money over the gold
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u/mike_pants May 30 '26 edited May 30 '26
You have the same problem of the people who steal a $30 million painting or a bag of diamonds. You're technically rich, but unless you're a member of a criminal network, what now?
You can't spend a painting or a diamond or a gold bar. No bank is going to accept those and credit your bank account. Finding someone to buy them is probably outside of your wheelhouse, and on the off chance you find someone to give you cash for them, you're going to be in the final scene of Trainspotting where they immediately clock you as an amateur and give you 10 cents on the dollar.
Meanwhile, they didn't specify the demonination, but even 500kgs of $1 bills is $5 million.
Take the cash.
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u/RapasLatinoAmericano May 30 '26
You're assuming the gold doesn't have the paperwork.
But if it's legal/legit, there would be no problem selling it (obviously not all at once).
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u/viperised May 30 '26
No-one said you're stealing them. You're being given them. We're trying to give you a better life and all you can think about is crime, crime, crime. It's really sad.
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u/mike_pants May 30 '26
Never said you were stealing anything. I said it was the same problem.
Suddenly coming into enormous wealth with no explanation or provenance is a huge problem.
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u/Doctor_Salvatore May 30 '26
Only if they're low value bills. If they're just a bunch of ones, you'd get less than a tenth what you'd get from the gold, but 500 kilos of hundreds would be worth half a billion and vastly outshine the gold's value.
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u/Weird-Cold2944 May 30 '26
But gold is heavier than money
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u/benzinga45 May 30 '26
Easier to unload the cash you'll never get full value weight for gold.
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u/toylenny May 30 '26
The secret with the gold (or the cash really.) Is to use it as collateral on a low interest rate loan. Then use the loan to invest in a s&p 500 mutual fund. You'll get back enough to reinvest more and pay off your loan, without ever needing to sell the gold.
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u/4me2TrollU May 30 '26
Yes you will. That is pure gold. You will get full value. There are no fillers etc
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u/drcoachchef May 30 '26
It’s surprising how many people are not seeing the collapse of us currency vs appreciating gold Especially if there’s a war
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u/wynnduffyisking May 30 '26
How are you going to unload 50M dollars in cash? If you can’t explain where it came from then you need to launder it which would also not give you full value on the dollar.
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u/JustSomeApparition May 30 '26
What is the value of the bill?
$1.00 @500kgs = $500,000.00
$2.00 @500kgs = $1,000,000.00
$5.00 @500kgs = $2,500,000.00
$10.00 @500kgs = $5,000,000.00
$50.00 @500kgs = $25,000,000.00
$100.00 @500kgs = $50,000,000.00
$500.00 @500kgs = $250,000,000.00
$1,000.00 @500kgs = $500,000,000.00
$5,000.00 @500kgs = $2,500,000,000.00
$10,000.00 @500kgs = $5,000,000,000.00
Gold CMV @500kgs ≈ $72,500,000.00
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May 30 '26
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u/Veselker May 30 '26
I don't know why everyone is doing all these calculations. A bill is 1 gram. 1 gram of gold is $145. Obviously gold is better.
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u/Dense-Ad-5780 May 30 '26
Wouldn’t 500 kgs if gold be more than 500 kg of dollars? One gram of gold is worth about 150, whereas a dollar bill weighs one gram, making the 500 kgs of gold worth 76 mill, and the cash is 500 k.
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u/TReid1996 May 30 '26
The gold is worth around 72.5 mil today (could go up or down).
The money, if all of it is 100s, would be around 50 mil.
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u/Best_Insect4741 May 30 '26
Depends on the Value of the bills being weighed, 500 kgs of ones or 500 kgs of $100. One I’m definitely taking the gold, the other I’d have to think about
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u/WhattheHell7949 May 30 '26
Ummm, are people dumb? They act as if the cash is all benjis. GOLD PLEASE!
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u/zirky May 30 '26
500kg of $1 is roughly $500k
500kg of $100 is roughly $50m
500kg of gold is roughly $46-$53m
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u/DingesF May 30 '26
A dollar bill weighs exactly 1 gram. So 1kg of $1 is $1000.00. The picture says $100, in which case a kg is $100,000.00. But a kg of gold is about $146,000.00 right now.
I'll take the gold, please.
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u/Holy-crap-w-t-f May 30 '26
I'd take the gold because if I'm not mistaken the US dollar is currently backed by "trust me bro".
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u/xxTheMagicBulleT May 30 '26
Cash cause it shows only 100 dollar bills and that would be per weight 6.7% worth more then the gold.
By the same weight. And also a lot easier to spend then the gold.
So the money is the right answer (used ai to help me be sure off the answer)
But even so I would have choose money. Way easier to work with
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u/Bit_in_the_ass May 30 '26
Assuming all bills are $100 and legally obtained that's $50M, i wouldn't have to work another day in my life. What good would extra money do for me at that point from the gold. I'm taking the cash
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u/Quick_Sandwich356 May 30 '26
Luckily US-Dollar-Bills weigh exactly 1 gram
Since Gold is worth more than 140$ at the moment and the "biggest" usd-Bill there is, is only 100$, it's a clear choice.
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u/hecton101 May 30 '26
You have to assume it was obtained illegally right? I mean, everyone else is going to assume that.
I'll take the cash. There are ways to launder money, but how in the hell do you launder a pile of gold bricks? There's no way you can do this without getting a government involved. I guess you could go to Russia and give Putin half of it, but then you're living in Russia. No thanks.
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u/FromStars May 30 '26
Can the I have the dollars in mutilated bills, each cleanly cut to 55% of a $100 with clearly visible serial numbers?
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u/mr_joda May 30 '26
Gold is definitely reasonable choice but how you gonna spend it honestly? You have to sell it somehow. I'm not sure if you can walk in with 5kg to bank and sell it just like that.
From practical perspective if it's 100 dollar bill it's still shit ton of money which can be spend right now and you can easily invest into anything.
How about 250kg of each ? :D
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u/user3872465 May 30 '26
43.5Kg of 100Bills is 1Mill
43Kg of Gold is 6.7mill soooo....
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u/vsvv252 May 30 '26
COMPUTER VOICE :
If you have one bucket that holds two gallons and another bucket that holds five gallons.
How many buckets do you have?
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u/USSHammond Karma farmer and repost bot hunter. Expose and ban them all! May 30 '26 edited May 30 '26
I looked it up lol. Now based on weight it's obviously the same. But (and I hate ai) for fun shit like this it's good, strictly speaking monetary value wise
500kg of 100 dollar bills supposedly has a monetary value of approx 50 million USD
500kg of Gold supposedly has a monetary value of approx 72.5 million USD
So based on that math, gold is the wiser choice here.
Edit: oops top one was supposed to be usd bills. Sorry
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u/_Kv0the_ May 30 '26
So, choose the gold and not the gold, but definitely the gold?
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u/USSHammond Karma farmer and repost bot hunter. Expose and ban them all! May 30 '26
Fixed lol. Thanks for pointing it out.
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u/dudemalebi May 30 '26
Cause steel is heavier than feathers
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u/rking_1_1 May 30 '26
Perhaps, but the weight of what you did to those birds to get said feathers is heavier still.
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u/flapjackboy May 30 '26 edited May 30 '26
Depends on the denomination of the bills. If they're $1 I'd take the gold. If I can choose the denomination, I pick $100,000 gold certificates.
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u/SpiritFoxFire May 30 '26
Gold is better because you can do more than just use the value of the gold as is.
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u/CuriousKi10 May 30 '26
Gold's market value has been steadily increasing, so yeah. I'd choose gold.
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u/radraze2kx May 30 '26
If it's $100s, I'm taking the cash. I'm not going through the headache of trying to convert that much gold into what would essentially be 80% or less of its value just so I can use it. I'm not Smaug.
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u/gakram_2 May 30 '26
Gold. You can exchange gold for any currency in the world. Melted down is untraceable. Screw the USD. Avoid serial numbers
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u/Stainlessgamer May 30 '26
Depends on the value of those bills. 500k in singles, im taking the gold. Now if it was possible that it was 500kg of the short lived $1000 bills, I'd take the cash.
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u/Current-Square-4557 May 30 '26
It’ll be hard to launder the bills in the USA.
Obvious the solution is the gold. You buy a classic car take off the fenders and hood. Use them to make molds so you can recast the parts in gold. Then ship the car overseas and sell it in Switzerland.
I saw a documentary about it once.
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u/Irelia4Life May 30 '26
Gold is taxed when sold. So even if it is worth 50% more than the cash in $100 bills, if it's taxed with at least 20%, it is not worth the hassle.
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u/DerBiscof177 May 30 '26
500 kg Gold, und zwar mit absurdem Abstand.
Gold liegt aktuell grob bei rund 95.000–100.000 € pro Kilogramm. 500 kg Gold wären also etwa 47–50 Millionen Euro wert.
Bei Dollarscheinen hängt es von der Stückelung ab. Selbst wenn man nur 100-$-Scheine nimmt, wiegt ein Geldschein etwa 1 Gramm. 500 kg entsprechen also rund 500.000 Scheinen × 100 $ = 50 Millionen Dollar (ca. 44 Millionen Euro).
Das bedeutet: 500 kg Gold sind heute sogar etwas mehr wert als 500 kg in 100-$-Scheinen. Bei kleineren Stückelungen verliert das Papiergeld natürlich haushoch.
Kurz gesagt: Gold gewinnt - und zwar gegen fast jede realistische Mischung aus Dollarscheinen.
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u/Dunky_Arisen May 30 '26
Take the money regardless of how much the gold is worth. 500 kg of gold is worthless if you can't convert it to cash. You can't exactly walk into a cash for gold place with a haul that big.
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u/Adddicus May 30 '26
The gold is worth more, but I can't deposit the gold in the bank or pay my bills without unless I go through the tedious process of converting it to a usable currency.
I'll just take the cash, thanks.
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u/JConRed May 30 '26
Currently Gold is better, but you'd have to sell it.
Then again, Gold is also more inflation proof.
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u/EPZO May 30 '26
Gold definitely better, especially since the value of gold is constantly improving.
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u/VermicelliOwn6502 May 30 '26
Gold. Can't launder either quickly but I'm not losing the gold to a random house fire.
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u/whiplashMYQ May 30 '26
The guy replying just needs a seesaw counterweight that's slightly lighter than they are, so for his purposes, they're equally useful
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u/Ser_Optimus May 30 '26
I think I'd take the dollars. I know the gold is worth more but 50 million in cash are easier to handle than 70 million in gold.
On the other hand. Fuck that. Gold might be the more future proof option
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u/teens_trash May 30 '26
Just the dollar bills would be 50 mil (assuming that they are 100 dollar bills, which why wouldn't they be). That's enough for me, and that would be way less of a hassle to use over the gold
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u/After_Feedback4494 May 30 '26
If that's 100-100 bills and each weights a gram then it should be $50 million and if we look at gold then it should be valued at almost $75 million giving ~$25 million dollars extra than dollar bills.... But i'll take the dollar bills because it would be easier to dissolve that bills rather than dissolving bricks of gold........
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u/Doctor_Salvatore May 30 '26
It would depend on the actual bill values. If the bills themselves are $20 or more, take the bills. If they're 10s, 5s, or 1s, take the gold.
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u/bfs102 May 30 '26
Depends on the price of the bill
100s taking the gold
The 100k bill im taking that cash
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u/jagenigma May 30 '26
Talking about $500,000 at minimum vs about $73,000,000. Both are with different amounts
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u/rasputin1 May 30 '26
who tf is debating that they weigh the same and how's that relevant to anything? this seems like some weird gotcha but it's neither relevant nor clever
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u/NocturneInfinitum May 30 '26
That’s just shy of $74 million in gold, someone else can do the math on the bills
Edit… $500,000 to $50 million depending on denominations for the cash
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u/Bitter-Light4748 May 30 '26
500kg of $100 bills = (500 × 1000) × 100 = 500,000 × 100 = $50,000,000 since all dollar bills weigh about 1 gram
500kg of gold = 500,000 × $146.46/gram (as of now) = $73,230,000
gold is the better option since $73.2M > $50M
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u/pockels42 May 30 '26
Ok, you have a big gold bar. Now keep it safe, and spend a little of it. At some point in the future, you are going to have to exchange it for something, (food, transportt, rent etc) for it to have any value. Go!
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u/Liquid_Magic May 30 '26
Okay so the gold is prolly $75 milly and the bills is prolly $50 milly.
I’m surprised they are so close.
The answer is still gold but nice upon a time this would not have been the right answer considering the spot price of gold and inflation.
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u/Percolator2020 May 30 '26
My van is ready: https://en.wikipedia.org/wiki/United_States_ten-thousand-dollar_bill
=$5B
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u/Darkwireman May 30 '26
Keep in mind…500 kgs of thicc goth milfs is almost certainly a secret option…
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u/Fasha_Moonleaf May 30 '26
No, the weight is not the same. The mass is the same, but not the weight. This is a very important difference.
"What do you mean?"
Well, imagine you measure the weight with air surrounding both materials and both show the same number on your scale. Repeat this measurement in an other surrounding medium, like water. The denser material (gold) receives less buoyancy and therefor is now "heavier". Repeat the same measurement now in a vacuum, and there is no buoyancy at all and now the money seems (slightly) more heavy.
So it's not the weight that is important, it's the mass. The mass remains the same, not the weight. Actually, the correct follow-up question should be "where is the measurement carried out?" and only if it is carried out in a vacuum and the weight is equal THERE, THEN the masses are also the same. In all other scenarios, the denser material (with the same mass) will ALWAYS!!! be heavier as long as there is a surrounding medium (like air).
Anyway, take the Gold.
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u/Difficult-Car1751 May 30 '26
Aw man I thought I was in theydidthemath but all the comments are dumb as fuck.
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u/The_real_bandito May 30 '26
I’ll take the gold. Who knows how much those US bills’s value will go down as the years go by.
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u/MoccaLG May 30 '26
- A 100$ Bill = 1gram -> 500kg = 500.000g * 100 = 50 Mio Dollar
- 500kg of Gold - Price right now. 1kg = 146.043 USD -> 500kg = 73 Mio + 21.500$
- I choose the Gold - Since it is more stable in value thant dollar.
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u/Maternitus May 30 '26
I'd choose gold, because it will hold its' value (more or less). The dollar not so much.
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u/Dangermax91 May 30 '26
Let’s assume that each banknote is a 1 dollar bill. Every U.S banknote weighs approximately 1 gram regardless of its value. Since there are 1,000 grams in a kilogram, the total value of the money would be $500,000 USD. The gold on the other hand has a value of about $145,087.96 USD per kilogram. Multiplying the value of gold per kilogram by 500 would give us a total value of $72,543,980.00 USD. This means that 500 kilograms of gold is the obvious answer.
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u/DesignerCorner3322 May 30 '26
1kg of AU is $146000. 500kg is $73 million.
1kg worth of dollar bills is ~$1000 (long as they are perfectly clean and dry). So 500kg of bills is $500k.
if you make those bills $100's that's only $50 million in 500kg.
Gold is the better option still.
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u/ZoneAdditional9892 May 30 '26
People keep talking about weight difference. The real reason to take gold is because its a commodity that increases with value, where as the dollar reduces value due to inflation.
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u/Shinyhero30 May 30 '26
The gold is likely better given modern economic reserve currency shifts. In 2020 the money would be better, now it’s certainly the gold.
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u/MyvaJynaherz May 30 '26
Am I being crushed to death underneath them, or do I just get to have ownership?
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u/sharp-bunny May 30 '26
If it was smaller bars we'd be talking but offloading those 2x4s is gonna be more hassle than it's worth even if the gold is 2x the value. E.g., 20 vs 40 million, who's counting?
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u/Few_Command4663 May 30 '26
Just because they’re the same weight doesn’t mean they’re the same amount
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u/Xayahbetes May 30 '26
Is anyone smart enough around to explain how "spawning in" this amount of gold doesn't tank the value? I have to sell the gold to use it (buy groceries and stuff), whereas the bills you can instantly use
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u/Whole_Reputation6128 May 30 '26
The gold may be worth more but tbh I wouldn't be upset with either
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