Don’t smoke, stack sats. \ stacker news ~bitcoin

399 sats \ 11 comments \ @CarlBMenger 7 Jul 2023 bitcoin

Buying #Bitcoin instead of smoking a pack of cigarettes (~$5) a day (DCA $35/weekly) for the last 8 years:

Invested: $14,665 Your stack: 8,364 $BTC Current Value: $254,091 Performance: 1,632%

Don’t smoke, stack sats - Your #Bitcoin Retirment Plan: https://open.substack.com/pub/carlbmenger/p/the-bitcoin-retirement-plan?

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110 sats \ 1 reply \ @rip 7 Jul 2023

and dont drink

10 sats \ 0 replies \ @l0k18 8 Jul 2023

alcohol and nicotine are the most dangerous drugs. It's amazinng how much different you feel with both gone after decades.

30 sats \ 0 replies \ @02ad8239c2 7 Jul 2023

think it was Saifedean that once described smoking as the ultimate high time preference behaviour

10 sats \ 0 replies \ @crrdlx 8 Jul 2023

Yet another example...

Bitcoin saves lives.

10 sats \ 0 replies \ @beorange 7 Jul 2023

Good advice

10 sats \ 0 replies \ @sudonaka 7 Jul 2023

Vaping without flavor additives and changing coil regularly will significantly reduce the toxin accumulation for people who want to continue using freebase nicotine

0 sats \ 0 replies \ @zodthebarbarian 8 Jul 2023

deleted by author

0 sats \ 0 replies \ @kenn_b 7 Jul 2023

they do not deserve bitcoin if they smoke:)

0 sats \ 0 replies \ @ae52f929c 7 Jul 2023

If you want to feel the financial impact of buying smokes, have someone you trust crush one cig at a time when they find your packs. If they continue to find packs they ramp up the amount of cigs crushed per pack. This will piss you off and you will hide them. Give the person permission to find them at any cost. Eventually you will get so pissed off at having to go out of your way to smoke while your wallet is getting ripped that you just quit in total defeat. It becomes a bigger irritation than just quitting.

0 sats \ 1 reply \ @AJ1992 7 Jul 2023

$5 a pack?! You must be in the southern United States because up north I'm paying $7.50-$8 a pack and that's considered cheap compared to other states.

0 sats \ 0 replies \ @endothermicdev 7 Jul 2023

That could just the difference between 2015 dollars and 2023 dollars. Funny how financial calculation gets tricky when your unit of account continually slips.