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If you took the 20 BTC right now and traded it for DOGE, you would have 3,366,549 DOGE.
If you deposited that into Gemini Earn so it would accrue interest if 5.03% APY, you would earn 169,337 DOGE in interest every year. Or 3256 DOGE each week.
So, by choosing the 20 BTC right now, not only would you have the initial 3,366,549 DOGE, you’d also be earning over 3x what you would be if you took the 1,000 DOGE a week.
Do math people. Don’t be dumb.
Edit:
If you don’t want to use Gemini, check out my Interest Rates Comparison to find other platforms paying interest on DOGE.
Dude, they teaching all these kids common core. They don’t even know what math is. Math pulled this guy out of poverty.
There is an unstated premise here that the interest rate will stay the same forever, which may not be accurate.
Exactly. Even if doge were to hit $1 dollar tommorow and stay there, youde get 52k a year.
If you took 20 bitcoin, that would be about 950,000 dollars. Even if you did nothing with it, youde have to wait 19 years of doge payments to equal that one time payment of bitcoin.
Further more, take that 950k, cash it out and invest in stocks, average yearly return of 7%, youde have a return of 66k the first year, and it would only balloon from there.
Anyone who says take doge has no idea how finances work and are just yoloing their money into a pipe dream. If you’re gonna do that, just take all your money and bet it all on black at the roulette wheel.
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