I, personally, have no plans to sell my bitcoin and get back into fiat. I will, however, at some point, feel "financially independent" and may scale back on my work. At that point, I might need to convert some of my stack to fiat only to pay for things that won't accept bitcoin.
I'm not using bitcoin as a way to have big buckets of fiat. But, I am using it as a nest egg that I would tap into at some point. I'll work as long as I can, but I also am working more than I'd like currently so at some point I would scale back but would like to have a similar lifestyle.
I'm hoping that by the time I do have to tap into my bitcoin that more places will accept it and then I won't have to "sell" the bitcoin at all. Maybe at that point I'll move down to El Salvador, or something.
I, personally, have no plans to sell my bitcoin and get back into fiat. I will, however, at some point, feel "financially independent" and may scale back on my work. At that point, I might need to convert some of my stack to fiat only to pay for things that won't accept bitcoin.
I'm not using bitcoin as a way to have big buckets of fiat. But, I am using it as a nest egg that I would tap into at some point. I'll work as long as I can, but I also am working more than I'd like currently so at some point I would scale back but would like to have a similar lifestyle.
I'm hoping that by the time I do have to tap into my bitcoin that more places will accept it and then I won't have to "sell" the bitcoin at all. Maybe at that point I'll move down to El Salvador, or something.