Why crypto exchanges would want the golden hands from Nelson Mandela

in #philosophy7 years ago (edited)

It always seems impossible until it's done ''Nelson Mandela"

Some recent news state that the board of arbitrage located in Ontario-based cryptocurrency exchange wants to buy whats remain of the set of gold artifacts comprised of Mr. Mandela’s hands for not less than$10 millionUSD.

it-always-seems-impossible-until-its-done-nelson-mandela.jpg

Interesting fact : "The set, which weighs 20 pounds of 99.999 pure gold, is comprised of a trio of “life-size impressions” of Mr. Mandela’s hands and a pair with his palm and fist. Malcolm Duncan, a Canadian entrepreneur who knew Mandela, is the seller and reportedly paid 3.6 million South African Rand for the set to Harmony Gold Mining, which cast the items in 2002. Duncan couldn’t turn them over until striking a deal with the cryptocurrency exchange, he seems a little skittish about transacting in cryptocurrencies"

Fact : The starting bid for the Mandela Treasure is R 28 Million, with the reserve price of the auction set to R30 Million. According to the seller, half of the proceeds generated by the auction will be donated to one of Nelson Mandela’s charities in order to further his work and vision for freedom and equality for all.

The-Mandela-Treasure (1).jpg

"The golden hands are not yet paid in full, as the exchange has provided a $50,000 deposit in bitcoin that has since been converted to fiat money, according to reports. The buyer and seller agreed to a schedule in which the exchange will make quarterly payments of $2 million per piece in the set. But the exchange doesn’t get the physical items until physical money converted from bitcoin is deposited into the seller’s account"

Conclusion : BillGates is rich,but he will never be a quarter of this man... so what is success ?

Source : https://www.ccn.com/nelson-mandela-golden-hands-collection-goes-to-bitcoin-exchange/

https://starecat.com/it-always-seems-impossible-until-its-done-nelson-mandela/

https://blog.bidorbuy.co.za/2013/02/mandela-treasure