Has anyone made a #bitcoin calculator where we can determine how many years your bitcoin holdings can last given inflation, cost of living, current salary, family members, cost of kids education, etc
And then add future Bitcoin products like borrowing against bitcoin, trading it for other assets, generating yield, etc, as a way to not sell your Bitcoin if possible.
Would love to know the time frame. E.g. 1 #btc will last for X years, 2 btc will last for XXX years, and so on.
When people ask how much #bitcoin is enough, there are three answers.
1. Technical answer: your goal is to have more bitcoin than the block subsidy reward. This is the incentive for any miner to compete and if it’s sufficient for them, it’s enough for you.
2. Emotional answer: your goal is to have at least 1 full bitcoin for each member of your immediate family to live off, pass down, etc.
3. Real answer: you can never have enough of a scarce desirable asset. And you are uniquely positioned in this early stage to acquire it at a reasonable price.
Everyone in my life keeps referencing their money troubles, saving up, needing to pay for a massive bill…
I am very tempted to tell them to buy #bitcoin, specifically the etf because they’re all boomers.
Even though I’ve never discussed bitcoin with these people, I have personally passed the point of needing to share bitcoin.
But I care about them and I also think it’s safe to reference given the bull market. What does #nostr suggest to do here?
#asknostr #grownostr #btc
