Maybe I just put them off after the over exuberance I directed towards duck tails…….. I’ll just watch it by myself.

Cannot get my kids to embrace this as they should. 😪

🫡👌🤙😘

Yes, we’re gonna make it NVK.

So, ever wondered the size of the stack you need to reach to be able to live off it indefinitely?

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe says if you can life of 5% of your #bitcoin stack, it should be sustainable, so 2023 median annual US income $48k, round up to $50k, so, if that is 5% of your stack, you need $1 million stack!!

But the question is, what happens if price falls after you start living off your stack, you eat into your capital? Surely the worse case scenario would be to get to an all time high, see you’ve reached a million, say GFY to your boss only to see the value of your stack plummet. Let’s run the numbers…..

If you made it in 2017, your million dollar stack had nearly 52btc, even after the 2018-2019 and covid crash, you’d still have 26.3btc today (you’re gonna make it)

If you made it in 2021, you’d have stacked 14.8btc, and today, after living a relatively frugal, but free life for the past 31 months, you’d still have a bag of a little under 10.8btc (620k), no Saylor stack, but when things start running, you may even be able to up your living expenses

Compare this with getting into bonds after the GFC, collecting a 0.15 coupon, you’d have needed a $33million stack to live off, and then your capital would have been destroyed with rate rises. Just a thought.

Now, just look at your house, do you have enough equity in it to buy 10btc to catch up with our friend from 2021? Could you downsize your current place to buy some freedom? Oh yes, the dream just got a little closer.

Gm nostriches, staying humble this Friday and mining the coin, before heading to the fiat mine, to 1) potentially tell the boss to gf himself, 2) assess some students and 3) complete a #bitcoin pension spreadsheet and then run some scenarios. Have to do 2), probably should sort 3) before getting in trouble doing 1).

🤨

Keeping my part of 21 million under my control. #coldcard #bitcoin #coldcardq

🫡👌🤙

#bitcoin in 2024 using the medium of deodorant.

Now how long will the mileage on my 10 year car stay under the USD denominated price of #bitcoin (I don’t drive that much, particular when in the first year it had done 26k).

Interesting development in the uk. Exit fiat and exit fiat investments.

nostr:note1ym08sy9qltp27jttuy999dcz4tmqkrm6q870szw3rnt5ej5fw0ks87rgs0

Interesting chat on what bitcoin did with guys from ledger, however, I still have two ledgers that I emptied and will not use again and a brand new one, sealed, that will never be used (might gift to my boss, because he’s a prick). Key management is something you take personal responsibility for, not outsource to a company that can be captured, imho. #bitcoin https://fountain.fm/episode/yfxwK42UmwxzAtqwyFEQ

Well said. 🫡

🤙👌

Fack, ♾️/21m. Such a noob

🤙

Massive thanks to #coldcard for getting my awesome new hat to me super quick, and those calculators you were able to include in the package are super useful for adding stuff up and dividing (21m/♾️). nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 #bitcoin #honeybadger. Now to sort a coherent response for when my daughter asks why, ah, resilience and tough, how I like both my badgers and my money.

Gm nostriches, not the sunny morning #coffeechain I hoped for, but some brightness from some recent potting activity.

Pay with Bitcoin, get sick art, also potentially the best stickers in the world.