Very interesting read officialfuzzy I really liked it. I have a few thoughts on the subject matter most of it will be based on the premises that this is actual gold, and not trying to resolve the very complex nature of distribution of a new cryptocurrency. Although, I will also cover what I believe to be the pros or cons as well in regards to that.

Keep it
If a person who had bad money management before getting a lot of money then this still does not change the fact they lack the skills in managing it; until, they have invested in acquiring that set of skill or hired someone who has. When one finds themselves in position of a massive fortune usually the safest bet at first is holding onto it for a short time till they can come up with a better plan for using those funds. This helps keep the person from blowing all the money on impulse buying. Even though a trillion dollars’ worth of gold is a lot, and people will assume you could never spend it all. That kind of thinking is how a significant portion of lottery winners lose their money. Same can be said with people who get massive inheritance.

One does not need to reinvent the wheel to already use the existing blueprint to profit from it. We can simply turn to the wealthy and see how billionaires have in the past have dealt with such a large amount of value in something they held. This usually comes in the form of stock. They will simply go to the bank and use the value of said item to acquire a loan. Then use that loan to leverage out another business venture to gain even more profit. If they fail to pay back the loan then they run the risk of collection on the gold, the market taking a down fall due to the gold now being in circulation. The causing result would be expected to have a having a negative impact on ones holdings. Second option here would simply do what banks have already done in the past with gold and that is fractional-reserve banking. Become the bank itself, and invest in other opportunities or issue loans. That way if the businessman wanted to give the poor working class the opportunity to grow they could issue low or no interest rate loans to those who qualify. Meanwhile, issues normal rate loans to governments, companies, and people.

Giving it all away
Since some country’s economies are based on having a weaker currency, and others on having a stronger one we can assume a country(s) will accept the gold(since it holds value in the real world) if nothing else just for melting it down and adding it to their reserve. We will also just assume for this that there is no shoe-leather cost, or it was already paid for dealing in gold. While centrally the price of a meal could increase in the short term you also have to take into account the run on luxury goods. Assuming there are 7.4 billion people in the world each person would hold around $135.13. In first world nations people will either hold onto the money since it’s not a lot, or just go out and buy something more expensive then they normally would. We can see the effects of this already by government issued stimulus package, and tax refund day on how this small amount of money would play out in those types of countries. In the third world we can expect to see hyperinflation in the short term since $135 is far more then what those people make in a lifetime. Overtime the markets will have to react to this. Mostly increase in cost of good in general, and company having to raise hourly pay to get employees. As far as the employment side of this we can take a look at china’s markets and see the dramatic increase in hourly wage and the increasing amount of exporting work to cheaper overseas areas for cost saving.

Now since I know you are talking about another cryptocurrency and not actual gold, or having to issue shares out to 7.4 billion people. We have to deal with trying finding a value for something and its run on the luxury goods of cryptocurrency such as BTC and anything that can be cashed out for real cold hard cash. Now if there are any exchange platforms that allow the direct trade of said new cryptocurrency we can expect it in the short term to be pretty much worthless. We see this all the time, and for those who want do it the easy way; well, they will have to wait maybe even more than one life time for there to be any value. Those who are business savvy enough will understand though if you can broker a trade with one of the thousands of minor cryptocurrency where others do not have easy direct access to trade then a sum of money could still be made. By taking on more risk of trading the new currency into a minor one it could someday become worth a lot more or nothing at all. Then you also have to deal with outside influence of Wall Street and its impact on cryptocurrency. If a major Wall Street investor decides to spend lot money to buy up, and hold onto a major supply of the cryptocurrency then a large then normal price is expected. We see this all the time when a company buys up another company and everyone wonders how on earth that company worth billion(s). This has also happened in cryptocurrency when someone thinks they can control the market and they sometimes lose big.

Selling it for a fixed price or auctioning it all in one go
I seem to recall a while back a certain European parliament member being out raged at another country in there announcing of sale a large amount of gold. Then, that country sale of said gold, and them losing a lot of potential profit on said sale. Country in question needed to pay off some debt. I don’t recall the names or countries involved but it pretty much went as expected. The markets expected a large amount of gold so value decreased. After the sale of gold on the market and some time the markets recovered, and some firms made a large profit off the deal. Either way, I feel these two are worse possible options to take into consideration. On one hand, you have no way of judging the value of what you are trying to sell and setting a fix price is difficult since the market will already set a predetermined price on what they feel would have been fair. Resulting in either the gold not selling at all, or it selling at a deep discounted price that everyone profits from. Thus the seller leaving a lot of potential cash on the table. You run into the same issue of auctioning it all at once.

Multiple Item auction
This can be a rather fun option. Best example I feel is when Nike auction off self-tying Back to the Future shoes. Those who just had to have a pair in their size as a status symbol over paid big time. Those who just wanted it for a collector’s item, and hoped the price would increase paid at or around expected market price. Sometimes a bit more for a certain size shoe that they believed would increase in value over time at a better rate then others. Those who really wanted just any shoe they could get, but could not afford it usually got for cheap the sizes no one wanted. I feel similar effect would happened here. You would have your pure collectors that would want the first ever mined gold from an asteroid that was mined in space. Then people at the bottom that just for a small chance tossed in the few bucks they had. You do run the major risk though if there not being enough buyers in the market who can afford to pay a fair price and someone such as a large investor getting the lions share for market control on the cheap. Such risk can be off set like in most auctions buy having a minimum bid. This however leaves one open to still having a lot of left over gold after the auctions have finished and the value being further questioned.

Commit to selling on open market over time
If I had to choose an option it would have to be one of my top two. CEOs and other major share holds are often found doing this with their stocks. They sell off a small amount over decades no matter what the price is on that given day of sale. Markets already have built in expectation of the outcome of said sale, and usually do not over or under react when it happens. With a $1 trillion worth of gold one could sell it off for hundreds of years and thought multiple generations benefiting greatly from inflation. The last amount of gold sold should be far greater then majority of the amount sold at the beginning.

Finally my option – not mining or Making the gold coins in the first place.
Right now there are in fact companies working and spending millions into developing technology’s to mine asteroids in space, and the logistics needed for doing so. Looking back to the many gold rushes over the years and cryptocurrency in general there are usually two types of people who profit greatly. Those who were early adopters of something new, or those who sold the means to do so. During the early gold rushes around the world the miners themselves usually did not profit greatly from rushing out to California or where ever the current gold was rush at the time. Sometimes these people would get lucky and strike it rich to only spend $500 that night blowing it at the local bar. Then the next day they would be out as poor as they started hoping for another big find. Then you have those during that era that made the mining pickaxes and developed better technology to mine gold and other “rare” resources faster. If you wanted to mine gold back then you either had to buy a pickaxe or a pan for panning. Same thing happened in BTC.

Once you have created the technology to mine in space you simply can sell, manufacture, and let everyone else worry about what the value of the resource they are going after is worth. You could set up a global origination that recognizes the right and ownership of said asteroids for mining. Then you simply just sell off your rights on asteroids you already found with gold and other rare resources on them to people who want to mine them. They would also be forced for a while to buy directory from you the means to not only mine in space but also transport the material back on earth for a while; until, more competitor enter the market. When done correctly you can remain the major market share holder and control of pricing.