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quoting note1vrf…ds93
note1rnv…lum8
quoting note1z58…23pcThought experiment.
Option # 1
Let’s say you have 10 bitcoin and we hit 2 million in the next few years.
You’re tempted so you sell it for 20 million dollars.
After taxes you’re be left with 16MM.
Which you use to comfortably generate 1.2MM a year in the tradfi markets.
So you take the money and retire.
Bitcoin crashes 60% back to 800k.
For a few years you feel like a genius. You enjoy your new rich person lifestyle.
You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.
Then bitcoin rises over the next decade to be worth 50 million per coin.
You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.
You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.
Your kids will inherit roughly 1.62 bitcoin from you upon your death.
You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.
Vs.
Option # 2
You have the same 10 bitcoin but you Hodl them.
Your stress levels are persistently higher.
You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.
Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.
This is roughly 1-3 million sats a month. Depending on bitcoin price.
Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.
Your net worth is 380 million.
You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.
You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.
Which option do you choose?
1 or 2?
quoting note1le4…ffq7WOULD STACK THIS DIP BUT ALREADY ALL IN.
quoting note1ual…jsj0GM
quoting note1mph…u43qToday is my birthday 🎁
Yesterday I took a group of friend’s out for steak.
I paid the whole bill and it felt great.
I could obviously not have done it without bitcoin.
Today I surfed, finished a video about financial empowerment in Peru (publishing in one hour) and I’m taking my other half out for Thai food.
Again, thank you Satoshi.
Love to you all 💜
have a bloody great Christmas 🎅
and I am so grateful to bitcoin, to Nostr and to the wonderful on here people building a better future
🧡
note1sap…t0qm
quoting note15ql…6v90When I first listened to Andreas Antonopoulos on Joe Rogan in 2016, it clicked because I was new to #Bitcoin.
Fast forward to 2024, and it’s clear: Andreas was 100% right. Everything he predicted is unfolding in real-time. This is the world we live in now.
quoting note1rnv…lum8drinking mezcal with ODELL (npub1qny…95gx) AMA
quoting note1s7z…v5qhAfter months of building, we are excited to announce the release of the first desktop beta version, which supports macOS, Linux, and Windows.
If you encounter any issues during usage, please feel free to contact us.
Enjoy!
Download Links:
Linux： https://github.com/0xchat-app/0xchat-app-main/releases/download/v1.0.0-desktop-beta/0xchat-v1.0.0-linux.tar.gz
Macos：https://github.com/0xchat-app/0xchat-app-main/releases/download/v1.0.0-desktop-beta/0xchat-v1.0.0-macos.dmg
Windows：https://github.com/0xchat-app/0xchat-app-main/releases/download/v1.0.0-desktop-beta/0xchat-v1.0.0-windows.exe
Future Plans:
1. Support NIP-46 login
2. Optimize the UI & UX for the desktop version
3. Improve performance of the desktop version
quoting note1lhg…4knhUsually when I see tall buildings I’m like “meh.”
This one, however, feels even bigger in person.
quoting note176m…el3rPRETTY SURE BUKELE TOOK THE $3.5B IMF LOAN TO STACK MORE BITCOIN.