You need to save 20% of your gross income in BTC to keep up with M2
This is why people feel poor
Discussion
That’s daunting for sure
Yeah kind of brutal tbh
We are right around 25-40% depending on the month, but that’s with dual income.
Goal is to get to single income ASAP, but just not sure how we will do that yet without being in the red or literally living paycheck to paycheck
Yeah right there with you man. Even if you have a good job it’s hard to support a family on one income if you wish to maintain quality of life.
The equation is different if you take into account your whole stack, but looking at just your income and what it takes to preserve it’s purchasing power into the future…. not pretty if we see M2 growing at these levels
For sure. It’s just still too early to be supplementing my income with tiny percentages of my stack but I guess we will see what happens in the coming years.
I wouldn’t necessarily be opposed to living paycheck to paycheck if it meant I didn’t regularly have to sell bitcoin and only sold some incase of an emergency, new car, etc
wow, intriguing calculation. that's about in line with some of the recommended allocations. it would also seem that if more individuals save their gross income in BTC, it would take less than 20% to keep track or something like that
i always try to save more than that but this last 2 months with the job winding down and the transition to the new place has seen me go a lot lower. but next few months should be better. i usually manage to keep about 1/3 of my income, definitely will be managing that now with my new rent price at 400eur/month. rental prices on this island are completely nuts. fortunately the owner doesn't have much costs with this place so he's charging a much nicer rate. also agents take a substantial cut, i'm dealing direct, under the table.
You might not always be able to save such a high % of your income, so take advantage while you can
The analysis I did strictly examines the steps needed to maintain your paycheck’s purchasing power over the next decade.
One time allocations of a portfolio is different.
Didn’t pull this number out of my ass btw
Oof. 10% ngmi. Will stack harder.
Sad truth brother
People think 6.8% M2 expansion is not that egregious, but when you realize that it means you need to save 20% of your gross income into BTC just so your income can keep up, then you really see the criminality and brutality of money printing.
Why it’s important to go in size early. You won’t always be able to save 20% gross, so early stacking is crucial.
I have stacked pretty aggressively thus far and smash buy when stocks and other bonuses hit so might keep up. Either way, the skills, knowledge and network I'm building will outpace the printing. 🤝
Yeah my analysis just looks at purely what’s needed for your paycheck to keep up with M2.
The picture is less bleak when you take your whole stack into account and not just the expected future satsflow.