If you’re on a Bitcoin Standard, then the Bitcoin dollar-denominated CAGR can’t be your “hurdle rate”.
If you’re retired on a Bitcoin Standard and don’t have productive assets, you’re leaking your wealth every day. Sat count can only go down.
If you don’t want the sat count to go down, you better get back to work or acquire productive assets.
💯 Bitcoin is the benchmark for increase in net worth
😎
Sat count can go down while sat value goes up. Bitcoin IS the productive asset.
It’s not tho, and no one is claiming it is.
If you denominate your wealth in Bitcoin and you’re retired like many Bitcoiners are, then their wealth is decreasing day after day.
If you see a company whose balance sheet shows a decrease in their Bitcoin holdings over time, you wouldn’t touch it with a ten-foot pole. Them saying that they are actually a successful business because their bitcoins value is going up is not going to change your mind of the obvious truth about the state of their business.
Retirees are not a business
Tell that to their progeny
Every family unit is a small business of sorts
I think the lineage can understand grandpa wasn’t going to be profit maxxing his entire life so long he isn’t running off to Vegas for hookers and blow
Sure, but they won’t understand their grandpa refusing to generate any bitcoin denominated profit.
Depends on when he stopped. Quitting work at 25 to go live a lavish life and leave crumbs for your kids isn’t understandable but if my dad retired at 65 off of his own bitcoin and left me with 5 instead of 6 because he spent time enjoying his golden years I’m not going to be upset lol
To each their own
I rather have 4 and a portfolio of stocks worth another 3 BTC
Bitcoin breaks this model. If you can live on 10% of your bitcoin annually as a retiree, and bitcoin's cagr is 20-30%, you will end up with more purchasing power at the end of your life. It's just math.
So what is a productive that is sound and low risk that is worth the sats? This asset would return value so then you save sats? You will have to spend sats so Then you can save more sats!?
That’s for everyone to decide for themselves. Currently many businesses have Bitcoin denominated KPIs that can help people more easily perform that calculation.
You would acquire a productive asset so your sats holdings go up over time instead of down.
