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192 sats \ 6 replies \ @Undisciplined 6h \ on: Bitcoin in Old Age (Bitcoin Magazine, Shane Neagle) econ
Instead of viewing retirement as a drain on accumulated wealth
Isn't this even more the case with bitcoin, since 1 sat = 1 sat? Retirement is pure spending down of accumulated bitcoin.
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38 sats \ 5 replies \ @denlillaapan OP 6h
I guess.
At some high enough level, that's always the case: stuff redirected from those who make them to those who don't (make anything)
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7 sats \ 4 replies \ @Undisciplined 6h
Compared to living off a yield asset, though, bitcoin is more about spending down what you have.
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37 sats \ 3 replies \ @denlillaapan OP 6h
condenses to the same thing, I would presume
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27 sats \ 2 replies \ @Undisciplined 5h
It does, but it's more obviously true for bitcoin, which is why it stood out as an odd point to make.
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27 sats \ 1 reply \ @denlillaapan OP 5h
I guess. TEN POINTS TO UNDISC GRYFFINDOR
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0 sats \ 0 replies \ @Undisciplined 5h
That's all I wanted
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