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

Keith M. Elis zarathustra_winced at yahoo.com
Tue Jan 24 21:50:47 UTC 2006

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.
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
> > _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
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