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Ask HN: Would you sell your future earnings for cash today?

4 points by pmikal ↗ HN
Was just reading about these guys who are looking to sell their future earnings for cash today.

http://www.thrustfund.com/

I think this was mentioned before, but would you do it?

4 comments

[ 5.4 ms ] story [ 17.4 ms ] thread
bgnm2000
Its interesting, but no - I wouldn't do it. I'd rather try to accomplish my goals without taking any money - especially feeling like I'm literally selling part of myself.
pmikal
So if I offered you 1 million for 3% of your future earnings, you wouldn't at all be tempted? What if the 1 million is tax free, cash in your account today?
bgnm2000
I didn't say I wouldn't be tempted - of course I'd be tempted. I just don't think I'd take it. 3% could be huge over my lifetime.
ig1
There's nothing to stop someone bankrupting themselves to get out of the debt.

And if there was it would likely fall foul of anti-slavery laws and international treaties on the same.