Offer someone 500m (hell, even 1m for many) for one year, and I doubt you'd find many who would say no. There's a margin at which you would be losing so much life experience that you wonder what you even live for (20y), while shorter periods (1, 2, 5, even 10y) aren't so defined.
Also, I read this as you lose 20y from the point of the deal (eg. 20yold coming back as a 40yold) rather than taking years off the end of your life, which I suspect is a more palatable interpretation for most.
This proposal could be thought of a couple ways. Maybe I prematurely age 20 years? That sounds pretty bad. I'm currently 42. That would make me effectively 62. With twin 3 year olds and a 6 year old. That doesn't sound fun.
But what sounds even worse is they won't graduate from high school until I'm 77. Decent odds I would die before then. Even with 10 billion. Fuck that.
The other interpretation could be: the world moves on but you "fast forward". Well, I likely get to see my kids as adults, but it all zipped before my eyes.
And that sucks too. Things moves so fast at younger ages, and so far from 0-6 each age is unique, different experience. And I would never want to fast forward over that.
Maybe if I were still hanging out, playing games, and talking with friends - sure. What's 20 years - maybe I'm a little worse at games. But kids change the whole thing for me.
Even with kids, parents that aren't well off often sacrifice their wellbeing for their family. For example, people that work two jobs for a total of 16-18 hours a day aren't rare where I live. They are aware this affects their health, shortens their life span and their time with kids, but they make the choice so that their family could survive.
> -5% interest rate on cash
You mean a property tax specifically on cash? Why?
I think the real problem is you’ve never met anyone who has any idea what to do with 10 billion dollars.
i think it depends on which 20 years are taken - the old ones, where you're unable to anything anyway, or the young ones, which you'd need to enjoy that 10 billion?
I have yet to meet someone that would accept the offer. So if you do the math, they value their time at a shockingly high rate. I’d argue, trading the best years of your life for an early retirement is the same proposal.
Steve Jobs would have given his fortune many times over to have a couple extra years. Why trade the best years of your life for an uncertain future?