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A Question For Everyone

Would you rather have 1 million dollars, or 1 penny that's value doubles every day for a month?

  • The $1,000,000

    Votes: 18 33.3%
  • The penny that has its value double

    Votes: 36 66.7%

  • Total voters
    54

Zeno

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The million dollars. Though the penny would, in the end, be worth significantly more, the cash would be far more practical. Think about it, on one hand you have a million dollars (likely in a bank account or denominations of 100-1000), while on the other hand you have one incredibly valuable penny. The cash would be able to be spent on a vast array of different things, it could be saved, it has utility. The coin, on the other hand, could only be spent on a single incredibly expensive purchase, and then it's gone. You aren't going to get change for it anywhere, and there's no way you'll get as much long term use out of it compared to the million dollars.
 

HugBabyBearBear

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The million dollars. Though the penny would, in the end, be worth significantly more, the cash would be far more practical. Think about it, on one hand you have a million dollars (likely in a bank account or denominations of 100-1000), while on the other hand you have one incredibly valuable penny. The cash would be able to be spent on a vast array of different things, it could be saved, it has utility. The coin, on the other hand, could only be spent on a single incredibly expensive purchase, and then it's gone. You aren't going to get change for it anywhere, and there's no way you'll get as much long term use out of it compared to the million dollars.
I could trade the penny for 5m!
 

Krumblez

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I know it says not to explain, but I don't get it. Would a penny a day be more than 1 million dollars? IDK, I picked 1 million dollars by the way.
 

Claps

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I know it says not to explain, but I don't get it. Would a penny a day be more than 1 million dollars? IDK, I picked 1 million dollars by the way.
i think itd be 9 million or so.
 

endthebean

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The million dollars. Though the penny would, in the end, be worth significantly more, the cash would be far more practical. Think about it, on one hand you have a million dollars (likely in a bank account or denominations of 100-1000), while on the other hand you have one incredibly valuable penny. The cash would be able to be spent on a vast array of different things, it could be saved, it has utility. The coin, on the other hand, could only be spent on a single incredibly expensive purchase, and then it's gone. You aren't going to get change for it anywhere, and there's no way you'll get as much long term use out of it compared to the million dollars.
The single incredibly expense item would be money. Take gold for example, people buy it because it has a high value, just like the penny will have, so you simply change penny for what it's worth in money. You buy stuff with money, not items.
 

FuSioN

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The million dollars. Though the penny would, in the end, be worth significantly more, the cash would be far more practical. Think about it, on one hand you have a million dollars (likely in a bank account or denominations of 100-1000), while on the other hand you have one incredibly valuable penny. The cash would be able to be spent on a vast array of different things, it could be saved, it has utility. The coin, on the other hand, could only be spent on a single incredibly expensive purchase, and then it's gone. You aren't going to get change for it anywhere, and there's no way you'll get as much long term use out of it compared to the million dollars.
1. Buy something you want that's worth less than the penny.
2. Get change in return.
3 Viola!
 

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