Compared to living off a yield asset, though, bitcoin is more about spending down what you have. 

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)

denlillaapan

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.

econ

Bitcoin in Old Age (Bitcoin Magazine, Shane Neagle)

> 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.