Bitcoin Escape Velocity: when the appreciating FIAT value of your stack far outpaces outgoings.
Some words of wisdom for my newly enriched giddy peers.
* Big purchases will flatten the hockey stick, avoid them.
* Do not quit work/earning - your outgoings will increase significantly.
Sounds obvious I know, but over the years we have lost plenty of good/bright people who took BEV for granted.
Stay safe/spend conservatively
Ben Arc
npub1c8…n8avm
2024-11-11 15:42:06
Author Public Key
npub1c878wu04lfqcl5avfy3p5x83ndpvedaxv0dg7pxthakq3jqdyzcs2n8avmPublished at
2024-11-11 15:42:06Event JSON
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"content": "Bitcoin Escape Velocity: when the appreciating FIAT value of your stack far outpaces outgoings.\nSome words of wisdom for my newly enriched giddy peers.\n\n* Big purchases will flatten the hockey stick, avoid them.\n\n* Do not quit work/earning - your outgoings will increase significantly.\n\nSounds obvious I know, but over the years we have lost plenty of good/bright people who took BEV for granted.\n\nStay safe/spend conservatively",
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