Cant wait till 2028 when a house is less than 1 BTC, thats going to freak people out.
Yes, you cant fall for sunk cost fallacy, sooner you swap real estate for bitcoin the better off you’re going to be.
Simple but not easy. This is the way. Good on ya mate.
Ive been thinking about this for all insurance. A few cycles in and you can pretty much self insure and stop the slow bleed
Oh yeah I’m all for that
The good thing about bitcoin is that as your wealth grows it gets progressively easier to do what is right rather than what your paid for.
I would certainly prefer it yo be opt in. If you choose to opt in you receive benefits, if you opt out you are not charged but never get anything out.
Depends on the year, in one of the three up years I would take 20% cut no drama. In the down year I wouldn’t.
I keep a month worth of expenses on Stile to pay bills. Any more than that goes to self custody
I can understand folks not wanting to pay the penalties but for me the self custody was more important. Five years later it was definitely the right decision for me. That said a bitcoin ETF in a Roth could be better for s lot of people.
Another epoch till they run dry
I put my old 401k all in bitcoin. I take 100% of my pay in bitcoin, then sell a little as required to pay bills.
I sold mine last year. Just too much hassle and going to zero against bitcoin.
What about taxes if you take 100% of your pay in bitcoin, then sell to cover expenses? I started doing this in April 2024. At the end of the year the bitcoin i didn’t have to sell appreciated 42%. Interestingly the proceeds of the bitcoin I did sell to cover bills was 6% lower than my cost basis (HIFO) as calculated by Strike. So no extra capital gains tax, might even get a refund.
Bitcoin provides better incentives
Most people learn through painful experiences, memecoins will provide that.
Simple but not easy, but very rewarding.