Assume no income of any kind, and your lifestyle staying more or less the same as now.
less than 3 months21.7%
3-6 months15.2%
6 months - 1 year6.5%
1-2 years15.2%
2-4 years15.2%
4-10 years2.2%
10-20 years6.5%
indefinitely17.4%
46 votes \ poll ended
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Nice try, fed
That is totally dependent on how much Bitcoin increases in purchasing power over the next few years.
Not if you've already reached the moon
Sir... I live only using my BTC from 2018... closed all bank accounts. Is possible, only if you really want to do it.
Any articles you suggest for living on bitcoin without bank?
I wrote several guides. Did you read them? General: https://darth-coin.github.io/general/general.html Beginner: https://darth-coin.github.io/beginner/beginner.html Wallets: https://darth-coin.github.io/wallets/wallets.html Nodes: https://darth-coin.github.io/nodes/nodes.html Merchants: https://darth-coin.github.io/merchants/merchants.html
This is not just like that, is quite a long process in which you start preparing, learning and make your own path. Here are some specific ones:
I own nothing, feds :D
Um nope
IF the Power-Law style model is true, the amount needed to live indefinitely[1] may be much smaller than is imagined.
I would guesstimate that around 15-20 BTC could be enough for that.
NOTE: By "indefinite" I'm meaning that not only enough to last for you entire life, but actually continue to grow in purchasing power each year. Like true escape velocity
I could survive Indefinitely because money is not what we need to survive on this planet. Money literally means "One-Eye" which is Odin or O'Dan and that tribe has been selling us crap for millennia.
I remember when I had some coins but Bitcoin and lost got fired. In my mind appeared thoughts about selling coins if I couldn't find new job and I'm exited I new some job and didn't want to sell anything
I write it to emphasize, were here not to sell something we're here to use it and until I can easily use it I keep HODL it
Can survive till I can. I mean I'm gonna live by Bitcoin until it survived.
I can survive indefinitely not because j have so much but only because I love Bitcoin Economy.
Its easy as long as you are willing to take all the hardships that come with it. Not everyone is educated enough to not use fiat anymode.