Post
Topic
Board Economics
Re: When will we stop living for the weekend? Escaping the 9-5 life.
by
Ultegra134
on 27/05/2023, 12:55:35 UTC
80%? I bet it's more like 98%; only the "chosen" ones will have enough bitcoin to retire. Someone who's barely making ends meet can't make huge investments if something else doesn't change in his environment to increase his available income. We often see other users praising Bitcoin, but it's not a panacea; it doesn't fall out of the sky. If you don't make enough, you can acquire enough to put towards your retirement.
Many people are dishonest with their attitude and what they write, I mean some of us may have mentioned bitcoin hundreds of times in many daily posts but they don't have bitcoin in their investment portfolio. Inflation has also become the basic problem why many workers find it difficult to save money in recent years, so because of the increasing need for money to make ends meet, of course the adjustment will not be as simple as they say.

Having an investment for old age may be good, but I think they should also realize that it's natural to enjoy the return on their investment as long as they are in good health. Life is not about working and working forever, but we need to enjoy life in a good way even though we have to be responsible for our children and family as well as their future.
Exactly. I constantly see other members claiming that Bitcoin has contributed to their financial freedom so much that they're planning to use it to retire in the distant future. I don't get it; if I actually had so much money, I wouldn't go around bragging. This is exceptionally common in newer members who are possibly looking for attention, but anyway, that's not the subject. Bitcoin is great and all, but it doesn't grow on trees; either you have it or you don't. Personally, I don't have the capability to purchase myself; I only earn through signature campaigns and occasional micro-investing. Thus, it's not something that the average person can afford.

Anyway, personally, I've been tremendously helped by Bitcoin, but not everyone can profit from it. Inflation has put a huge burden on households, and it's something that has also affected me, but that isn't my biggest issue; it's that you're working all week just to have one or two free days in which you're too tired to enjoy.