Post
Topic
Board Bitcoin Discussion
Re: MrBeast now teaming with Coinbase to give away $100,000 in Bitcoin on Twitter!
by
OgNasty
on 02/09/2021, 22:38:16 UTC
The Bitcointalk Show missed its opportunity to collaborate Cheesy. It's quite mad that we were talking about Mr Beast possibility being interested in getting in on the cryptocurrency scene, and then I see this.  

It is a crazy business model.  I think MrBeast is likely to become the first billionaire who made all his money from giving stuff away.  His entire story is crazy.  He got his start by taking out a huge loan and giving away all the money as a teenager.  Could you imagine?  When it comes to betting on yourself, and moreso betting on the kindness of others, Jimmy (MrBeast) is the best case scenario.  It's a model that is difficult to duplicate, as giving money away is easy (believe me, I've been doing it for 10 years now) but getting people to support you and join your mission to spread positivity is a far more difficult task.
I had the impression that he doesn't keep the majority of the money, and re injects it into his content. Am I wrong in that? I was sure I heard him saying that at some point. I know some of his employees usually get lump sums if the titles of the threads are to be believed.

It’s almost like I have good ideas from time to time (I am the inventor of the Lava Lamp Bitcoin Miner). Smiley

He does give nearly all of his revenue to charity or use it for giveaways. When I say he could be a billionaire it is because he owns the brand. That brand will likely carry a billion dollar valuation one day, and he’ll have no problems getting anything he ever wanted, regardless if he ever “makes” any money for himself or not.