> give the binaries for free but
> charge $millions for the code

No, but the inverse might be more realistic than it might at first seem.

Give the code away for gratis, but charge for the binaries.

I've seen this approach more than once (though I don't remember those
projects right now), usually applied to a subset, such as the Windows
version.

You cannot disallow others from distributing the binaries, so if you
overcharge, people will just setup an alternate distribution site, bit if
the price is realistic, and if your site instills trust (a slippery and
subjective goal), then some will purchase from you to avoid untrusted
distributors and also possibly out of a desire to support your efforts.

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