I often see questions like, “How much #Bitcoin is enough?” or “How many coins will set you for life?” The answer, of course, depends on your lifestyle, timeframe, and where you live, etc. But there is a simple benchmark that I believe holds true and that is the block reward. I believe acquiring an amount of Bitcoin equal to the block reward could set you up for life in about 5 yrs or less. I know it is very very hard for most us at this point but this is what will seperate extraordinary from the ordinary in terms of wealth.
Discussion
Fuck, now ppl are gonna hate me for posting this such an unrealistic thing
nostr:note15fs574jt0sam3w2meppdp6m7cy73njleaayfv3ufqlhsqhhva3zs0edl0v
Even the next block reward is now unattainable. My view is that retirement is not in the cards for most people. Just buy what you can and live your life.
This is sad but you’re probably right
We have to work, people have to work. We don't have a massive abundance of capital ready to allocate and the information to know how to put it to use to the level that would allow virtually everyone to check out and let the world run on robots... yet. But bitcoin is making productivity increase and allowing some of us to retire or pursue higher endeavors which will increase the income of others, who can then attain more monetary value to then themselves be able to do the same. Economic mobility and the ability to save such a hard asset is truly a beautiful thing, and it will be sustainable.
AI and robotics will generate an unprecedented amount of wealth for humanity and free up significant time for us. However, this wealth won’t be distributed equally. This is where Bitcoin comes into play, it will offer for its hodlrs a fair way to preserve wealth and reclaim our time.
Sounds about right! I don't much care about distribution being anywhere near equal, because true wealth is subjective, but it's gonna be awesome how Bitcoin protects property rights and allows people something of a level playing field.
Guess I’m one of the fortunate ones then.
STACK SATS