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DRE
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Christ is King

Another mantra that needs to die.

Selling = spending

You shouldn’t “sell” all your bitcoin for fiat the same way you shouldn’t spend all your bitcoin on bananas nostr:note1p322hjztajk852d0th56w9l3fhmjpcr4d0vahfxkmkm8g4ayvf2qcpqhjf

Replying to Avatar rand0mguest2

https://x.com/maxkeiser/status/1870448930112283046 someone is sounding like their regret moving to ES. I wonder if he renounced American citizenship

Never bet against America

Just common sense stuff. We need more influential and powerful people pushing for simple frameworks.

Gotta love the ops losing their shit over it. nostr:note1lyskpfnc44nu5wkpgnadw8pdnrfx662cxt55qf8x28f6d8eq4szq5u2rtl

Shinny rock down bad in bitcoin terms

nostr:note1rh7jhl9v3wws5lc4esjjlea80ltn022zvp76le43e7l3lvf7v02qtj7ast

Staying at a Four Seasons or a Marriott next time. American comfort is undefeated

Bro, the heat in my Airbnb is controlled by the building’s HOA 🫠 Like you can’t adjust the temperature of your own home, you are stuck with whatever they decided lol

And prettier buildings, but otherwise it does have those vibes

Yeah lots of that. Feels like I’m in the third world or something lol

Service at restaurants is down too so far.

My mom ain’t having it, she’s telling them off 😂

People in Europe are a lot more rude than I remembered. It must be all the immigration and debasement.

They need their version of Trump desperately.

Re-reading that rn

Wild most people are oblivious about central banking and who made it happen

Tide is turning on you know who

Americans have a huge advantage in general. I tried to help a family member that lives abroad buy Bitcoin, and the friction is crazy when buying large amounts.

Replying to Avatar HODL

Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

3

You live off bitcoin until 59.5 and then strategically sell covered calls on MSTR with shares you have in a Roth IRA. You pass down more bitcoin and most of the MSTR shares

Once bitty goes over $10M it will be more stressful to be on tradfi