but get 1000 bitcoins just to be safe
I think 1000 is so safe that you may earn more by this amount.
How have you to come to the conclusion of 1000 bitcoins. Can you please explain your calculation
I could help here it would be quite simple if we assume that we want/need between $500,000 to $1,000,000 for retirement in a cheaper country, then we need it to go to $1000 to have a million or obviously half we would have $500k. I don't think we would see them prices but i am mr negative so i would want a good 2-3k bitcoins for retirement which i am nowhere near lol
That is an astonishing lack of vision. The point is of course that we expect bitcoin to appreciate, and who knows how much it can buy in 20 years. You are just talking about what someone needs now, expressed in the current value of a bitcoin.
Yes absolutely right. He is coming to the final number taking the net present worth of a Bitocin and that is not right as after 20 years what will be actual worth of a bitcoin noone kows. If somehow we can predict then even I will sell everything and invest in Bitcoin.
