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All Posts By

Nakamoto

LeanFIRE vs FatFIRE

By | Bitcoin, Financial independence

Ok, so FIRE is Financially Independent Retire Early. You can retire early in different ways. If you know how to live off of $500 per month you can easily achieve LeanFIRE. When thinking about FIRE it’s good to realize what the goal is. In my view this means to never have to work for someone else. It doesn’t mean that you will never work. Most people enjoy doing things they find meaningful, and this work may or may not have monetary rewards. If it has, all the better, it’ll give you a good opportunity to work yourself up from LeanFIRE … Read more

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Permanent Portfolio

By | Bitcoin, Financial independence, Smart investments

Permanent Portfolio is a portfolio strategy I came across through The Voluntary Life, one of my favorite podcasts. The core tenet is that you put your wealth in different asset classes. The Permanent Portfolio strategy was conceived by Harry Browne, who wanted a strategy that works regardless of which specific economic cycle we’re in: Prosperity Inflation Deflation Recession Browne (and Jake from The Voluntary Life) put their money in these asset classes, equally divided: 25% stocks, great during prosperity or declining inflation. 25% gold, good during bad inflation and general global insecurity 25% long term bonds, profit while interest is … Read more

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Recommended podcasts

By | Bitcoin, Financial independence, Life stories

We don’t do any podcast ourselves, but we have some podcasts we can warmly recommend: stephanlivera.com – especially the episode with Jack Dorsey, CEO of Twitter and Square whatbitcoindid.com Peter started off as a shitcoin trader, is a great interviewer and through his journey became a Bitcoin maximalist. thevoluntarylife Jake built his own company, sold it, talks about becoming an entrepreneur, the school system, travelling, minimalism

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How to FIRE with Satoshis?

By | Bitcoin, Financial independence, Smart investments

FIRE is Financially Independent Retire Early. Many people want this, not many people understand yet how. We’ve noticed an absence of awareness of the opportunities of Bitcoin in the FIRE community. And and absence of awareness of FIRE in the Bitcoin community. A Satoshi is 100 millionth of a Bitcoin. We believe that saving up to 100 million Satoshis will get you leanFIRE by 2022. Here are the steps: 1. First of all, save up for a buffer of 3 months. You want to be able to HODL properly. This is also your first level Fuck You Money. You want … Read more

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How to open a bank account in Italy

By | Bank accounts

If you live in Europe it is quite easy to open a European bank account; you simply need an ID card, proof of address and phone bills. Some years back, opening a bank account in Italy without residency was either impossible or expensive. However, that has since changed because under the Italian law you can now open a virtual bank account whether you are residing in Italy or not. Bank account for non-resident You can open a non-resident account by asking for assistance from the relevant agencies specialized in offering the services. Once you have opened the virtual bank account … Read more

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Virtual bank account for Amazon

By | Bank accounts

Gone are the days when people from one village would live in isolation without depending on people in another village just a few miles away. Today, the internet has made it possible for people in different countries and time zones to conduct business and depending on each other with just a click of a button. You can easily buy or sell your goods from Amazon and receive payments with unknown merchants. This has been made possible due to the B2B Pay platform that allows people in different countries to open virtual bank accounts and send or receive money at the … Read more

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Blockchain is bullshit

By | Bitcoin, Smart investments

Blockchain is bullshit. If you weren’t aware yet, a blockchain is simply a decentralized database. Not even that decentralized. You read that correctly, a blockchain is a database. The only way it makes sense is in the context of Bitcoin. Yet many people are selling the snake oil. Here’s some bullshit that I had written a long time ago:   Some outsourced bullshit What is a blockchain? Transactions that rely on centralized processing databases are time consuming, expensive and frustrating for consumers. These transactions involve fees and overhead that erode the profits you have already earned. Blockchain technology offers a … Read more

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Entropay virtual bank account

By | Bank accounts

The internet has made it easy for international residents to open virtual bank accounts in foreign nations. Using the B2B Pay system people can transfer money and conduct exchanges without leaving the comfort of their houses or offices.B2B Pay has made it simpler to trade in international currencies as well as receive money from unknown merchants globally. Today, few financial institutions are using money transfer mechanisms that offer the customers the most protection. Some debit cards and credit cards used to make purchases online reveal personal information and card numbers to unknown merchants which pose certain risks to the cardholder. … Read more

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