The final 2 weeks of this month are big pay days for me and will allow me to make huge strides towards my overall stacking goal. However much I accumulate in these Stacking Reports is supplementary to my personal goal. Since I’ve been buying since 2020, I already have a good amount saved up and I write these posts only to record my journey and to keep me disciplined in not making any degenerate speculative buys while trying and failing to time a local bitcoin bottom. Anyway, these paychecks are coming in 3 chunks: quarterly cash bonus, my usual salary, and company ESPP vesting all coinciding at the end of February. The quarterly bonus I received today and I used a large chunk of it to smash buy more corn.
During times like these I am reminded to be grateful for my privilege. It was not easy for me to land a good job as a tech worker but now that I’m here I recognize that the money flows into tech much easier than it does in other industries and professions. I wonder how much of my compensation is attributed to being a beneficiary of the Cantillon Effect vs. providing real value. I don’t doubt that I provide value as an engineer, probably a lot more than the TikTok tech worker influencers, but I’m also curious how far removed my job is from the money printer. All I know is it’s farther away from the printer than the investment banks and closer to it than blue collar industries.
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Current BTC price: $51,311
New BTC buy: $8000 => 0.15468850 BTC
The Stacking Report stack: 0.19753154 BTC = $10,135
USD performance: +1.4%