Bitcoin Retirement
Let’s assume 1M USD might be enough for retirement today. Here is the amount of Bitcoin you may want to have to retire on Bitcoin. If you already have some Bitcoin, just match the nearest number ( or average of previous and next number) and you get the idea when you can become retired with your Bitcoin. This is not financial advice. Any amount of Bitcoin is great and can help. This is just a fun way to stay motivated. Stay humble, stack sats, and enjoy.
₿0.1 Retirement: 160.0 Years 2184
₿0.21 Retirement: 76.2 Years 2100
₿0.5 Retirement: 32.0 Years 2056
₿1.0 Retirement: 16.0 Years 2040
₿2.0 Retirement: 8.0 Years 2032
₿3.0 Retirement: 5.3 Years 2029
₿4.0 Retirement: 4.0 Years 2028
₿5.5 Retirement: 2.9 Years 2027
₿11 Retirement: 1.5 Years 2026
₿16 Retirement: This Year 2024
₿21 Retirement: This Year 2024
When I look at the above, I think every new child deserves to have ₿0.21. Think about it before having a child!
I suggest ₿0.5 if you are around 30+ years old. If you are much older, consider ₿1.0 or more!
If 1M USD is not enough, multiply the numbers based on your needs.
Source: u/realbacktofuture via reddit
What if someone is already hanging two legs in the grave? ;)
Interesting 🧐
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I’d say that would qualify as 21 plus haha
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Bitcoin might well run into numbers that seem to make this possible now...
But things might change in ways that make those numbers incapable of even keeping you safe!
Many might also discover that although they've now got the means to retire then just manage it all will turn into a job...
Or that this fight will take so long, and be so important that retiring would be a weak & boring thing! ;-)
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My take on this is that if global economy is going to collapse, then there's no way prices will increase linearly,...the thing will be exponential. Nobody is in a safe spot, not even with some whole coins in the pocket.
In our western world, real wealth is disappearing, because farmers are disappearing, butchers are disappearing. Anything linked to basic needs is externalized to supermarkets. If global economy collapse, who is going to fill supermarkets' shelves? Nobody. People will have to figure stuff out and there are a limited number of farmers willing to sell their eggs, chicken or beaf. In that scenario, no amount of bitcoin will save you from despair, and if the game turns to be a matter of "who offers more takes the good" then it's pretty obvious how quick tens of coins can be spent.
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