Yes. Cash out into what? It seems so obvious to us, but in the US the dollar still holds a sacred place in most people's psyches. (I should have left the typo- scared!)

siggy47

Regarding friend #1, I think its only a matter of time before the pieces finally fall in place for him. His next most important realization is to question "cash out into what?". Once he starts to see that he can 10x every 10 years, he will transition into "living off of bitcoin" (ie. selling what you need when you have an expense) instead of trying to cashout back into fiat.

bitcoin

Update On My Fellow Retirees

>When zoom so I can cash out....

Regarding friend #1, I think its only a matter of time before the pieces finally fall in place for him. His next most important realization is to question "cash out into what?". Once he starts to see that he can 10x every 10 years, he will transition into "living off of bitcoin" (ie. selling what you need when you have an expense) instead of trying to cashout back into fiat.

