bitvestor on Nostr: When people ask how much #bitcoin is enough, there are three answers. 1. Technical ...
When people ask how much #bitcoin is enough, there are three answers.
1. Technical answer: your goal is to have more bitcoin than the block subsidy reward. This is the incentive for any miner to compete and if it’s sufficient for them, it’s enough for you.
2. Emotional answer: your goal is to have at least 1 full bitcoin for each member of your immediate family to live off, pass down, etc.
3. Real answer: you can never have enough of a scarce desirable asset. And you are uniquely positioned in this early stage to acquire it at a reasonable price.
1. Technical answer: your goal is to have more bitcoin than the block subsidy reward. This is the incentive for any miner to compete and if it’s sufficient for them, it’s enough for you.
2. Emotional answer: your goal is to have at least 1 full bitcoin for each member of your immediate family to live off, pass down, etc.
3. Real answer: you can never have enough of a scarce desirable asset. And you are uniquely positioned in this early stage to acquire it at a reasonable price.