Here's an idea 💡
Create a few wallets with 100k-1M sats in them
Put them in a time capsule
Label it: do not open until 2050
Hide it somewhere in your house
Wake up in 2050
Crack open your capsule
And buy whatever the fuck you want
Discussion
What happens between hiding it and waking up that causes you to be asleep for 26 years? 👀😅
Or just keep your keys out of driving distance :)
- you can't fall for a scam
- you can't panic sell
- you can't buy bullshit
But you can keep stacking!
I have a few sats cards with various amounts on them, just for this.
Great idea. You can do this as well by tagging addresses in your wallet. For example:
* KYCed stack
* No-Kyc
* Savings
*Spendings
* Jan 2024, do not use before 2030
etc etc.
Works very well and with those tags you know when you bought different stacks when the time comes for the gained value appreciation.
when I bought my actual car i put away a *don't use until next car* kind of stack
Lol
"If you can't buy it twice, you can't afford it"
if you apply that to a bitcoin standard and put away a "lump sum" worth of something and tag it. it's astonishing.
I didn't understand what that really meaned when I did it (fun fact, was at the bottom).
Just asume I will use a car for 5 years, then use part of the lump sum to get the next one , drive it for another 5 years, and so on.....
if i don't go "lambo lifestile" that lump sum could actually cover ALL the car purchases i will need to do in my lifetime.
That's a good strategy right there
Are you from the future? Share some satoshis will ya? 😆
Yessir