If one other person will make an offer to round out the 70BTC, I can create a new BPM account and handle the distribution myself, returning the principal to Kevin and whomever else and sending the rest to SIAI.
Edited to point out: a higher bid will still win.
We should have done this! How'd it go for you?
Is it rational to invest in Bitcoins for retirement?
I don't think the marginal dollar invested in a retirement account yields anywhere near the utility of the marginal dollar spent elsewhere, even with the tax advantages. Freezing your money for decades is a huge deal. If you're 55, sure, go ahead; if you're in your twenties, putting money into a retirement account is almost as bad as setting it on fire.
You can withdraw money from a traditional IRA for a first time home purchase without penalty, I think.
Why is this crazy? (sincere question, no sarcasm)
I just meant that paying $300/month for driveway parking would seem crazy to the large set of people used to paying $300/month or less for nice housing inside in various other parts of the world.
"Pretty cheap"? I looked up the prices once in the name of VoI and saw numbers in the range of $2,500. I'm pretty sure I can improve my life more than LASIK would with $2,500 worth of other improvements.
Probably more like $3500 in the Bay Area.
Lasik circa 2013 is way, way, way better than Lasik circa 2003. It's mostly done by machine based on a precalculated map of your eye. Correcting higher order aberrations improves aspects of your vision that can't be improved by glasses or contacts. To me, this feels like vastly improved 3d vision resolution. I can see the intricate structure of the leaves of trees much better than before.
The cost is reasonable enough when amortized over a decade. Lasik sort of wears off over time, so worst case, plan on getting your eyes lasered every decade. Or, plan on getting them lasered for a decade or two, and then get a lens replacement when they can come with high resolution heads up displays.
If you happen to be a fairly wealthy but not so famous female American socialite, you could leak a sex tape, get yourself on some reality TV shows, stage a fake wedding for the media that nets you $18 million, and spin all this into a variety of fragrance and cosmetic product lines.
I knew that home film studio would be useful for something...
Living in a van seems like it could decrease your cost of living a lot more than it decreases your quality of life. Getting set up in a van would cost about $12k, so it could pay for itself in a year. Here is a good guide on this.
One could also consider going completely homeless; here is an article by a math student who did that.
In the crazy economics of Bay Area housing, driveway parking for a van in a desirable location with electricity and shower access is $200-$300/month.
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As a speculative ecurrency investor, I am gambling for retirement.