I was also kind of wondering the significance of having $10k in the bank.. .. .. there is a bit of a lack of context.

depending on how complex a persons finances, meaning whether single or married with a family, or having a business, or floating a lot of debt, a person might have a float in his account that might be anywhere between $500 and $5k, so if the float was on the higher-end, there could be times in which cash comes into the account that causes the actual balance to exceed $10k for short periods of time.

Even if we are talking about current entry-level fuck you status as being $2 million, then I would think that there are quite a few folks who are already used to getting $6,666 or more per month into their account in terms of income and then presumptively their expenses could end up being in that same ballpark, even though personally, when I was in my "job-based" income earning years, I had always been into saving/investing at least 10% of my income.. which means that by the time, I start to get close to or even into entry-level fuck you status, then there could be a bit of a presumption that there may well be a transition between having to save/invest any income and not needing to save any more because either there is a kind of maintenance stage in place or even getting into liquidation.. but still we should be able to use somewhere in the ballpark of $6,666 as a kind of possible standard income for someone who might be at or close to default entry-level fuck you status.

Don't get me wrong.  I am not suggesting that entry-level fuck you status is going to be the same for everyone, and maybe even within the west, there could be guys who are able to feel quite comfortable in having $1 million, which would mean $3,333 per month as their entry-level fuck you status.

Maybe another point, is that there could be various ways in which a guy might feel insecure with the level of his cushion if he had already entered into fuck you status, so that could well impact upon how much is drawn per month while he is still letting his funds/investments grow in order to have a bigger cushion and to practice drawing upon his funds at lower levels (and allowing them to continue to grow) for a considerable amount of time prior to increasing the withdraw amounts.. so maybe he feels that he has reached the default entry level fuck you status that allows him to withdraw up until $6,666 per month, but instead he withdraws between $3,333 and $5k per month in order to continue to allow the fund to grow, and maybe when it gets to $3 million in valuation (using the 200-week moving average and not spot price), then at that point he might up his monthly withdrawal amount closer to $6,666 per month.

Anyhow, my point is that mere fluctuations in cashflow could contribute towards $10k in the bank, but if we are referring to the float as being $10k, then we still might need to have an additional $6,666 in the account just to pay for monthly expenses, if someone might be consuming at the level of full default entry-level fuck you status.

One more thing that maybe I should mention.  We have had more than 2.5 months of mostly UPpity BTC price moves with hardly any dips more than 10%, and also we may also be on the cusp of having some spot BTC ETFs approved, and some might be erroneously considering that to be a sell the news kind of an event, and surely it remains dangerous to be playing with your BTC holdings in that kind of a way, even if you might have been accumulating a lot of fiat in the past 2.5 months waiting for dips that so far have not happened.. .and the mere fact that such dips have not happened, so far, does not mean that any such dip of greater than 10% is going to end up happening.. so you are playing with your own lil selfie if you are considering abilities to bet on down to be higher chances than betting on up (and maybe I don't really like the idea of betting, so maybe it would be better to just repeat the thing that I frequently I have said, which is to make sure that you are prepared for either price direction.. and ongoingly an overwhelming number of folks fail/refuse to significantly/adequately prepare for up).

TLDR:  The meaning of that statement of $10k being in the bank is quite unclear.