Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 04/01/2024, 01:27:35 UTC
⭐ Merited by vapourminer (1)
Just a soft reminder to philipma1957. ChartBuddy is catching up quite fast. In few days he might cross philipma1957

https://bitcointalk.org/index.php?action=stats
Yeah my birthday is this month. I should effort for buddy to pass me by on my 67th birthday.
<snip>
yea, 67 is now a full SocSec age....used to be 65, but then they changed to something weird (for most: some years plus months, but for people born after 1960-67 years exactly).
I still have a few years to go, but for people approaching the date and still working the question is: do i take it at full retirement age (FRA, like 67 or slightly less ) or at 70. More money at 70 (as much as 24% more), but you miss out on 3 years when you could have used the cash to, for example, invest in something like bitcoin, property, etc. Considering that SocSec would have some kind of "crisis" by 2033-2035 (with a potential 20-23% cut), maybe it literally pays to take it at FRA.

Any of us in bitcoin should be able to make up the difference between 62 and 68 or whatever it might be, so I am sort of a fan to just start collecting it right away.. but surely the variables are going to differ. .and then how much is it that you need in order to be at fuck you status (even if you are not completely there)? 

Let's say for example that a few years ago, you thought that your social security, pension and 401k and/or whatever else you have (not counting bitcoin) was going to be able to pay around 140% of your monthly expenses, but then a lot of things might have had to have been cut in half in regards to your expectations, so I am not saying any of that would be going to zero, including social security, but the debased dollars are likely causing it to be way lees able to pay your expenses than you had anticipated.. Accordingly, you need a supplement, and in comes bitcoin... so maybe you don't have full entry level fuck you status with bitcoin but if you have 50% of entry-level fuck you status, then it may well be enough to supplement your other items... yet with anything, it sure would feel comfortable to have a wee bit of a cushion, and likely bitcoin will have good chances of keeping up with inflation (debasement) in such a way that it makes up for several of the short-falls of the other funds..

Of course, we likely don't have guarantees, yet bitcoin does seem to be an ongoingly great hedge as a supplement income..

Breaking: Found my old Ledger Nano, which was believed to be lost.

Don't ask  Cheesy  Cheesy Cheesy
Ok I won’t. I wouldn’t want to start a Ledger shitstorm in here.
Because that never happens.  Wink

Yes pobrecitos.

sorry for your loss.

and your persistent, consistent, ongoing and stubborn lackening of HW enlightenment.

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy