Post
Topic
Board Project Development
Re: [ANN] JJG Sustainable Bitcoin Withdrawal Strategy
by
JayJuanGee
on 10/02/2024, 15:37:55 UTC
Historically, those value appreciations in bitcoin have been way greater than the debasement of the dollar even if someone were to have had paid you 10% interest on the dollars that they were holding for you, it still would have had been better for you to keep your value in bitcoin even if no dividends or interest had been paid by keeping your value in bitcoin and stored by yourself in isolation.
I think bonds are not very good in developed countries.

Brazil has one of the highest interest rates in the world. Always has.
http://www.worldgovernmentbonds.com/

Brazil has about 11% is this website  but we can get easily 14% free of taxes with AAA corp bonds.
Long term  this is amazing and you 2x every 6 years.

This is very powerful and any portfolio 100% bonds will look like the chart above from my last post.

However,  we were a shitful country, I sent think nobody from a developed country should risk their dollars here.
I have treasuries and Corp bonds from the US as well, but much less..

Of course, you still have to consider how much you are allocating to those kinds of shitty products, even if they might perform better than bonds in the developed world, you are still likely earning your interest in a pretty shitty currency that is subject to a lot of risk in terms of its real value as opposed to its nominal value... so yeah, how much to fuck around in any investments other than bitcoin could be a long and indepth discussion that probably takes us away from how we might be thinking about the value of our own bitcoin holdings and how to deal with that.. including that this tool focuses on bitcoin, but at the same time, since it is taking advantage of changes (volatility) of the dollar and likely ongoing debasement of the dollar, we can attempt to create sustainable withdrawal practices around that.. .

In which I cannot remember if we might want to add other currencies to this tool.. do you think that there might be some value in that?  I am sure some folks might appreciate looking at their own currency rather than USD (even though surely USD remains the dominant shitty fiat out of all of the various shitty fiats).