BitNBeautiful on Nostr: How many #Bitcoin do you need to retire? I've been listening to the speculation. They ...
How many #Bitcoin do you need to retire? I've been listening to the speculation.
They say about 5 BTC! What a load of bullocks.
I don't know how much these Podcasters make, but 5 BTC is about 150k dollars and that's a shitload of money for a worker. Practically nobody is going to amass that amount anymore.
But let me recalculate.
A normal person can comfortably live on 30k a year in hand. That's 2500 dollars a month, free to spend.
If we can agree that Bitcoin goes to 1 million a coin.
You will need 1 bitcoin to live out 33 years solely on that one Bitcoin. Not taking in to account the value increase of bitcoin over those 33 years.
1 bitcoin is more than enough to retire at age 50. Unless you are greedy, lazy or a wasteful person, than you'll need 5 times that.
But I know a lot of normal people... and none of them want a Lambo. Volkswagen is fine. They don't want to piss away 1k on a bottle of champagne. 50 bucks for fermented grapes is the absolute top.
Normal people want financial security. Food on the table and control over their own time. That's a lot cheaper than the jetset life style these people have in mind.
ONE Bitcoin. And you can pay yourself what your boss pays you. You won't be rich, but at least your time is your own.
They say about 5 BTC! What a load of bullocks.
I don't know how much these Podcasters make, but 5 BTC is about 150k dollars and that's a shitload of money for a worker. Practically nobody is going to amass that amount anymore.
But let me recalculate.
A normal person can comfortably live on 30k a year in hand. That's 2500 dollars a month, free to spend.
If we can agree that Bitcoin goes to 1 million a coin.
You will need 1 bitcoin to live out 33 years solely on that one Bitcoin. Not taking in to account the value increase of bitcoin over those 33 years.
1 bitcoin is more than enough to retire at age 50. Unless you are greedy, lazy or a wasteful person, than you'll need 5 times that.
But I know a lot of normal people... and none of them want a Lambo. Volkswagen is fine. They don't want to piss away 1k on a bottle of champagne. 50 bucks for fermented grapes is the absolute top.
Normal people want financial security. Food on the table and control over their own time. That's a lot cheaper than the jetset life style these people have in mind.
ONE Bitcoin. And you can pay yourself what your boss pays you. You won't be rich, but at least your time is your own.