0
Category

Bitcoin

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More