True or false
You can be a bitcoin maxi and have other investments?
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Discussion
How can you have max bitcoin when you have other investments?
Sell them for the coin!
So guys like Odell are not maxis?
Mainly because of retirement accounts that are stuck in fiat world.
A real maxi can only have btc and a few passives (house, shoes, wife, …)
Why house and no retirement account? Most ppl with jobs have retirement accounts.
For a real maxi btc IS the retirement account
So why not sell the house for btc too?
They need a house for the nodes and the miners
Sell and buy bitcoin and rent no?
I guess if the argument against retirement account is to sell pay the high taxes and buy bitcoin then same argument should apply to house.
True! and pimp the wife, and no shoes!
Haha exactly where is the line? For instance I was going to stop paying into retirement account but my net pay went down without contributing and I didn’t get matched. So that would actually hurt my stacking. So in the end it would have been dumb to stop contributing.
For a real maxi there’s ONLY plan B!
But if tax is theft do you really want to help them fleece you?
A real maxi collaterals btc to pay taxes
Do you consider yourself a maxi?
Hell no, too much work!
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Ok just checking
Most maxis preach against leverage also tho so collateralizing btc to pay taxes seems like a bad idea, especially if you have to give up custody to do so
In that case pimping the wife for tax money seems ok. But a wife wants a house! There’s no paradise without a snake!
Or a guy like Odell who probably has more bitcoin than most of us but he is a VC so heavily invested in companies, surely he doesn’t lose his maxi status?
Hundred and thousands of dollars of equity locked in a house seams kind of unmaxi no?
theres always room for legit investments, especially in your own business.
Trick question. Bitcoin is not an investment. It is money.