Re: Four Years of Living on Bitcoin Alone. Can You Beat That? Is that even possible?
Just a few hours ago I bumped into this story of a family that has lived on Bitcoin for 4 yrs travelling around 40 countries. That story did not just got me excited and motivated, but it also activated some doubts from within that I started to ask "how?". Was that even possible?
It is very rare to hear this kind of story but the interesting family claimed that this was made feasible after they had liquidated all their assets, from their retirement accounts and cars, to their clothes and toys, and bet it all on #Bitcoin in 2017 when it was valued at $900 per coin. Did you read that? Nine hundred dollars then! May be that could give the claim a kind of credibility after all. What do you think?
I would take my doubt to have been misplaced if some of you here can question the doubt by given some evidences that show that it is hundred percent possible to live a bitcoin life for four good years as the news has shown this beautiful family to have done.
Let us know what you think about this family's claim and may be tell us what and how you have spent your Bitcoins over the years.
It is very rare to hear this kind of story but the interesting family claimed that this was made feasible after they had liquidated all their assets, from their retirement accounts and cars, to their clothes and toys, and bet it all on #Bitcoin in 2017 when it was valued at $900 per coin. Did you read that? Nine hundred dollars then! May be that could give the claim a kind of credibility after all. What do you think?
I would take my doubt to have been misplaced if some of you here can question the doubt by given some evidences that show that it is hundred percent possible to live a bitcoin life for four good years as the news has shown this beautiful family to have done.
Let us know what you think about this family's claim and may be tell us what and how you have spent your Bitcoins over the years.
source: https://t.co/iQUAGgxvB3?amp=1
This is an interesting piece of news. I mean, that was a very brave and deliberate decision they took back then. I wouldn't say that's luck if they are enjoying the benefits now, they took a great risk then. Selling all their assets to invest in bitcoin isn't something everybody can do.
However, I think I'm confused about 'living on bitcoin'. I do not think it is possible for them to use their coins for all their expenses without having to convert to fiat first. I mean, how did they book their flights? how did they rent the vehicles they used in each country they visited? how did they buy clothing? how did they feed? We all know all these are not yet possible without converting to fiat first.
If by 'living on bitcoin', you mean they living off the money they've made over their investment in bitcoin back in 2017 because of the rise in the price of bitcoin, then it's very much possible for that to happen.