Sunday Survey: How long could you survive just off of your Bitcoin? \ stacker news ~bitcoin

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Sunday Survey: How long could you survive just off of your Bitcoin?

377 sats \ 14 comments \ @jimmysong 28 Apr bitcoin

Assume no income of any kind, and your lifestyle staying more or less the same as now.

less than 3 months21.7%

3-6 months15.2%

6 months - 1 year6.5%

1-2 years15.2%

2-4 years15.2%

4-10 years2.2%

10-20 years6.5%

indefinitely17.4%

46 votes \ poll ended

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58 sats \ 0 replies \ @WeAreAllSatoshi 28 Apr

Nice try, fed

51 sats \ 1 reply \ @grayruby 28 Apr

That is totally dependent on how much Bitcoin increases in purchasing power over the next few years.

0 sats \ 0 replies \ @bellabaxter 28 Apr

Not if you've already reached the moon

20 sats \ 2 replies \ @DarthCoin 28 Apr

Sir... I live only using my BTC from 2018... closed all bank accounts. Is possible, only if you really want to do it.

10 sats \ 1 reply \ @HardRich 28 Apr

Any articles you suggest for living on bitcoin without bank?

60 sats \ 0 replies \ @DarthCoin 28 Apr

I wrote several guides. Did you read them? General: https://darth-coin.github.io/general/general.html Beginner: https://darth-coin.github.io/beginner/beginner.html Wallets: https://darth-coin.github.io/wallets/wallets.html Nodes: https://darth-coin.github.io/nodes/nodes.html Merchants: https://darth-coin.github.io/merchants/merchants.html

This is not just like that, is quite a long process in which you start preparing, learning and make your own path. Here are some specific ones:

10 sats \ 0 replies \ @SatsMate 28 Apr

I own nothing, feds :D

10 sats \ 0 replies \ @BitcoinIsTheFuture 28 Apr

Um nope

10 sats \ 0 replies \ @freetx 28 Apr

IF the Power-Law style model is true, the amount needed to live indefinitely[1] may be much smaller than is imagined.

I would guesstimate that around 15-20 BTC could be enough for that.

NOTE: By "indefinite" I'm meaning that not only enough to last for you entire life, but actually continue to grow in purchasing power each year. Like true escape velocity

0 sats \ 0 replies \ @OgFOMK 29 Apr

I could survive Indefinitely because money is not what we need to survive on this planet. Money literally means "One-Eye" which is Odin or O'Dan and that tribe has been selling us crap for millennia.

0 sats \ 0 replies \ @030e0dca83 28 Apr

I remember when I had some coins but Bitcoin and lost got fired. In my mind appeared thoughts about selling coins if I couldn't find new job and I'm exited I new some job and didn't want to sell anything

I write it to emphasize, were here not to sell something we're here to use it and until I can easily use it I keep HODL it

0 sats \ 0 replies \ @Coinsreporter 28 Apr

Can survive till I can. I mean I'm gonna live by Bitcoin until it survived.

0 sats \ 0 replies \ @IamSINGLE 28 Apr

I can survive indefinitely not because j have so much but only because I love Bitcoin Economy.

0 sats \ 0 replies \ @Satosora 28 Apr

Its easy as long as you are willing to take all the hardships that come with it. Not everyone is educated enough to not use fiat anymode.