350 sats \ 1 reply \ @aljaz 9 Feb 2023 \ on: Becoming A Sovereign Individual bitcoin
as @DarthCoin already mentioned Bitcoin is far from being the only thing you need to care about.
it also depends on what you want to do, how much you are willing to spend, what kind of lifestyle you want etc.
I'd say a good first step towards becoming a sovereign individual is to start moving towards five flags principles, and depending on your lifestyle and wealth build your infrastructure in that way.
For example not everyone wants to own a ranch and dedicate a good portion of their time to become self sufficient with food/energy, some people want to be perpetual travelers etc.
Obtaining multiple residencies and passports, and if you can't/don't want to go to zero set up your personal entity structure in a way to optimize for taxes and freedom of movement (so you're not stuck in one country for 6months+ due to mandatory stays for tax reasons etc
Most of all it significantly depends on your personal circumstances, being single without any obligations or constraints can significantly simplify things vs being anchored to some place due to loved ones or other constraints
Indeed, if you have enough bitcoin, you practically don't need to have a farm. Just buy the necessary stuff to live from other fellow sovereign individuals with bitcoins.
reply