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Easy, buy up a bunch of land for conservation
159 0 ReplyBuy $20 for $100 million. If you can "buy" nft's then Idk why you can't buy something with less value.
55 0 ReplyThe $20 bill has a unique serial number just like the nft.
47 0 ReplyIt's even better because no one else can have that same bill at the same time.
12 0 ReplyThere are some recent $1 notes where the same serial was issued twice.
https://www.mycurrencycollection.com/blog/1-2013-new-york-duplicate-serial-number-mistake
4 0 ReplyStill 2 different bills.
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If you can "buy" nft's then Idk why you can't buy something with less value.
I'll tell you why: because there's nothing with less value than an nft.
29 1 ReplyI just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked
I thought he was confused or stupid or something.
"Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they're all publicly hosted?"
Him: "Yep"
"And the only use for these right now is as a profile picture?"
Him: Shrug, "yeah, people use them for discord and stuff"
"But... Couldn't you just download the image and use it anyways?"
Him: "Yeah, it's all publicly hosted"
And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something
7 0 ReplyLol That's damn good.
5 0 Reply2 0 Reply
You can buy medical debt, that has lots negative of value to the indebted.
2 0 Reply..fair 😁
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i believe the IRS would consider this a gift.
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Property can take a while to close --- offer to title in under 30 days is on the quick side.
Of course, you could probably close very fast if you offered 100M cash on a 10M property...
27 0 ReplyIf you're buying vacant land and paying cash, you can close really quickly as there's nothing in need of inspection, and loan processing times aren't a factor... I have a buddy who just purchased 100+ acres of vacant land from a logging company. He paid cash and was able to close in just a few weeks.
21 0 Replyyeah, usually closing time is just buffer time for people to get their affairs in order, move out, inspections, lawyer stuff, etc. If you offer straight up cash and pay a boatload to the lawyers to get the paperwork done up ASAP, you can close likely within a couple weeks
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In "Bewster's Millions" he also had to have nothing of value at the end.
So yes that is a good method for this formula of the question.
14 0 Reply