[extropy-chat] WSJ: A Cold Calculus Leads Cryonauts To Put Assets on Ice

[Adrian Tymes]

I should have said: *from the point of view of the speaker*, the
money just sits there.  Invested != spent, no matter how similar
those conditions are at times.

--- "Keith M. Elis" <zarathustra_winced at yahoo.com> wrote:

> The money just sits there? That's just wrong. The money will be
> entirely invested for the entire time supplying much needed capital
> to the hundreds of thousands of businesses and individuals who need
> it, and know what to do with it. By putting it in money market
> instruments and CDs, corporate bonds, junk bonds, stocks, precious
> metals, REITs, etc., the money will be doing far more good for the
> world than his heirs spending it on Britney Spears albums, Aston
> Martins, and filet mignon, at the same time the government spends
> their share on god-knows-what. I hope he wakes up a trillionaire.
>    
>   Keith
>   
> Adrian Tymes <wingcat at pacbell.net> wrote:
>   Because the person isn't spreading the wealth to other people.
> The money just sits there, where no one can get at it. (Of
> course, this is from the point of view of those who assume that
> the cryo-preserved definitely can't ever come back, so cryo is
> basically an alternate form of burial - or that any multi-decade
> restriction on funds like this, where the money is completely
> off limits until whoever is expressing the sentiment is also
> dead, is inherently wasteful. These would be, in a sense, the
> antithesis of the Long Now Foundation.)
> 
> --- brent.allsop at comcast.net wrote:
> 
> > 
> > The WSJ said:
> > 
> > ‘Such financial arrangements, which tie up money that might
> otherwise
> > go to heirs or charities, are "more widespread than I originally
> > thought," says A. Christopher Sega’
> > 
> > Why do they always put it like this?
> > 
> > Queen Latifah can spend all of her money in a completely wasteful
> > last bash, not leaving any of it to “heirs or charity” and everyone
> > cheers: “You go girl!”
> > 
> > But if someone lives a thrifty hard working life so he has $10
> > million in the end. (while many of his pears respectfully waste all
> > theirs on yachts, planes, space flights – or whatever) And wants to
> > save only half of that remaining $10 million for himself – oh man –
> > what an evil person!
> > 
> > Brent Allsop
> > > _______________________________________________
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> > 
> 
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