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Bernie is asking you. That's all hes got. Sorry guys, no one else can do it.
(lemmy.dbzer0.com)
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this post was submitted on 07 Jul 2025
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The fact that a ring can be worth more then it would cost to provide financial independence for hunderds of people, is kinda jarring.
I know, I know, pretty rock and metal worth paper value notes.
So really that ring is pure loss.
No one owned that gem when it was just sitting in the ground. It took millions of years to create.
Some capitalism claimed it when one of his workers mined it. Calculated how much energy and labor it has costs to obtain it.
Then sold it for a massive markup compared to their own costs.
The machines have spend energy to get it (loss)
The workers spend life time and life energy to get it (loss)
Bezos his works spend their life time and energy to make him the money he now loses on this ring. (Loss)
The planet lost one of its rare gems. (Loss)
No lives are going to be saved using that rock, its not going to be used for breakthrough science, its not in a museum where we the people can admire our planet and learn from the its amazing processes. (No profit)
Instead its to decorate a hand so one person can be perceived as having value. Ironic.
Do you HAVE to be so unromantic? It obviously proved his NEVER-ENDING LOVE for his wife! Does that count for NOTHING?! /s
depends if they got a lab created diamond, and the manufacturer /jewelry stores just gouged the price.
Ehh. If you divide it into 10 chunks of $500k, and each of those invest it in a middling risk thing like vanguard and get a 10% return, that's like $50k/year without doing any work. That's well above the poverty line.
Side note: Rich people sort of have basic income because of stuff like this, and that's fucked up.
Sure, it wouldn't be an easy live starting with $500k, but I think with strict budgeting and low costs you could stay in the black and grow your principle. And if you get any job at all on top of it, it's even easier.
Anyway, yeah, was just spit balling how much a difference the money could make.
I think you could get a good amount of people out of debt. Maybe less so in america but elsewhere for sure.
Its a start. My point was, generally, 5 million could do a lot to help people and you wouldn't see me keeping people's lives tied to my finger.
Well, it depends on where you are. It doesn't go as far in the US as it would in many other places
im actually surprised he went super cheap on his wedding which was on 20mil, cheap for a billionaire that want to flaunt his welath. unless he bought that yacht before his wedding.