I don't have any problem with the idea of relocating for less expenses and maybe even being able to upgrade your lifestyle by moving to an area that has lower costs of living, but at the same time, there tend to be quite a few costs regarding getting used to living in new areas - including that we would not be able to bring our friends with us too.
Yeah, there are some costs that we must have to bear when moving to a new area but for someone who wants to save a lot of money then the costs aren't that much. In new areas we can save a lot of money but we miss a lot of things in our lives. I believe for many of us friends and family means a lot and living in an area where we don't have our friends and family can be a tough thing without any doubt. But, some people can do that because their mind is firm and they just want to save money so that they can better live rest of their life without any financial issues. By the way, most people can shift with their whole family to a new location without any doubt but they'll also miss their friends in new locations.
~Snip~
So maybe the person with the more frugal spending might be able to continue to accumulate bitcoin to get up to 12 BTC or so within the next 8-10 years, and the person who is continuing to make choices to spend more and to live it up might still be at 7-8 BTC (or maybe even fewer BTC) 8-10 years from now, and so even in accordance with
my entry-level fuck you status chart, the person with 12 BTC may even get up to western entry level fuck you status in 2031 or so, and the person with only 7-8 BTC might not get there until 2033 or 2044.. and sure maybe I am presuming too many things, but still trying to give an example of how these kinds of matters can make pretty decently large differences with the passage of time.
You're right and highly agree with you that frugal lifestyle will allow someone to accumulate much more Bitcoin than a spending and need fulfilment life but still we must not miss the fact that we are here to live our life for one time and whatever we save for long term won't benefit our own beings as we are prone to death which we can't evade. I have seen a person who used to live a high-intensity frugal lifestyle and he used to spend very less amount on his daily needs and sometimes he even didn't eat well only because his main aim was to save money. The guy died out of heart-attack and he wasn't even married and had no children.
The took nothing with himself and during his death time he had saved around $200k and the whole money was given to his relatives because he had no children or wife. I think we as investors should think about both sides of a coin because sometimes it won't make us losers to spend some money on things that we can have in present times. I know that when we spend money on things we won't be able to accumulate a lot of Bitcoin but man accumulating 100's of Bitcoin won't help us if we are in death bed. I'm not going to be philosophical but I have seen two guys suffering in their death bed and both of them used to save a lot of money but upon their death their children spent most of the money to enjoy their livers and the ones who saved all the money were sacrificing a lot in their lives.