A girl refuses a million dollars cash from the lottery and chooses $1,000 weekly.. #CZ : The entire amount should have been invested in #bitcoin and #BNB
A 20-year-old girl won a million dollars in the lottery in Canada, and she had two options: to receive the million dollars in cash all at once, or to get $1,000 weekly for life. The girl chose the weekly payments for life.
This decision sparked widespread interest, and Changpeng Zhao (CZ), founder of the #Binance platform, commented that the optimal financial choice would be to accept the million dollars all at once, then invest it in Bitcoin or $BNB, while only spending $1,000 weekly. This approach ensures she can achieve additional millions in the long run.
CZ explained, via his account on the X platform, that the results would be clear in a few years, assuming her life extends for an additional hundred years, where her investments could reach $5 million without accounting for inflation.
Source: CZ via the X platform.
If you were in her place, what would you do?