How can we use btc and live of this growing asset? I dont like the idea of using some of that BTC to live. Just like real estate, you buy it, it continues to appreciate in value in general but you also get rental income.
Bitcoin does not do that, all it can do is just go up in value but how can you live of it? Would it be to buy rental properly with it, let THAT go up in value and then take rental income while your other stash of BTC grows?
What is a likely idea here to earn passive income of BTC without reducing the BTC holdings?
The people with your mindset can very easy fall into all the cloud mining scams,ponzi schemes and crypto peer to peer lending platforms.I don`t believe in such thing like "passive income".People that earn something like a "passive income" have worked a lot to reach that level of savings,so they could just invest their money or btc and earn dividents or interest.Comparing btc to real estate is wrong,because there are other factors that determine the real state value-location,taxation,previous investments to improve the real estate.