Honestly, I wouldn't turn it down but I would convert it to BTC instantly. I'd much prefer to get the 500 BTC directly than deal with converting fiat though.
When a pocket of recognized people become very adamantly against something...with a closed view opposition and a hard nosed, unexplained bias... I stop questioning the investment and start questioning the opposition and the motives involved. I take this as a contraindication. This usually ushers in the notion that the said investment has arrived, has become recognized...has become legitimate and is a valid competition within its sector or category. Among its peers.
Really?! Wow. Now that's a believer. If I was your financial advisor though, I know I couldn't change your mind, but I would strongly suggest to at least give consideration to only converting half and putting the rest in muni's or land.
I haven't arrived...I am a skeptic. And I was more skeptical about Bitcoin than most any other investment... But Freddy...I TAKE THE OTHER SIDE OF YOUR BET...TODAY
I appreciate that, but I'm not betting. Sure I'm pissed that I didn't participate thus far, but if I lost everything, say, tomorrow, I would be more pissed off by an order of magnitude for letting myself be strung along and sucked in. And so, I will stick to my knitting. I don't like the short-term bitcoin futures chart in the time frames I am most comfortable, and I would not consider any other exchange. So that squeezes me out of the picture. And so, I marinate in piss & vinegar as you, wxytrader and your brethren exchange Lambo photos. I understood what you meant earlier, about a contingent of conscientious objectors. Historically, it's been when late adopters and stragglers like me finally go all in that the market implodes and the party ends. So, about my continued skepticism? You're welcome.
The reality, you are controlled (your trading) by your strong negative emotions. Now you feel it is too late to enter, "you've missed the boat" as it were.