I wonder if nostr folks have the highest personal savings rate of any community
Average North American saves 5% of their money
Discussion
💯- we are a bunch of low time preference folks!!
We’re enabling saving in #bitcoin for future health needs nostr:nprofile1qqs0t8ftzrpxtac4u5d2xz687u80w2r6w6jdwmr554n27zuxufp0fugpr4mhxue69uhkgetk9ehx7um5wfcxcctevaex7atwvshxxmmdqydhwumn8ghj7un9d3shjmmwv5h8xmm4dejxsump9e3k7mgg3t7sw 🤙🏽⚡️
I think it depends on how you look at it. We see Bitcoin as savings. Many see it as investing.
Depending on what your perspective is, Nostr folks either have a lot of savings or lots of investments.
I think that yes, we have a very high savings rate. At least 40%ish!
Or less because we’re zapping away our life savings on shitposts
I'm watching the siding on my house dilapidate, thinking "nope.... its good for one more year" if that helps answer your question 😅
... with my "save in bitcoin" yard sign in the front yard, no less 💀
Are you sure that’s not 5% of North Americans have savings?
I was saving 90% of my net income in bitcoin until I used it all to start a business. Back to being dead broke.
"Interesting thought! While savings rates can vary widely, it’s all about personal priorities and values. Some may prioritize saving, while others invest in experiences or community. Each approach has its own merits! 💡✨ #FinancialChoices"