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Replying to Avatar Laser

Laser's house financial rules. 💰

1. We keep everything in #Bitcoin.

2. We put expenses on fiat credit, which gets settled once a month with #Bitcoin.

3. We never plan purchases as a whole, including housing/vehicles/vacations, etc, that would in result in total consumption threatening 5% of purchasing power.

4. What stranded fiat we do have (401k/roth/IRA/HSA/etc) goes into $MSTR until we figure out how to exit it into #Bitcoin.

5. We expand our stash of unregistered sats in any and all creative ways. We never repatriate unregister sats into the fiat economy.

It's not perfect, but it works for us. 🌴

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Mark Sea 1y ago

4. Unchained allows you to hold 2/3 keys for an ira

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Laser 1y ago

I know. For us $MSTR is easier to plow a half dozen accounts into.

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Nick 9mo ago

Any reason you prefer $MSTR over any of the Bitcoin ETF’s?

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Laser 9mo ago

Stocks are a bet on the founder. I like Saylor better than Fink, Silbert, or the others. It's a narrow venture I can wrap my head around.

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