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Family living under a Bitcoin Standard

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Hello,

I watched this video from Robert Breedlove podcast where a family of six (2 parents + 4 children) went through what is like living under a Bitcoin Standard. So basically they choose to save a considerable part of their income in Bitcoin.

I am intrigued by the idea and I would like to discuss some points with you:

  1. How do they deal with volatility? By doing weekly or monthly DCA, perhaps?!

  2. How do they deal with taxes on the Bitcoin they sell. How do they keep track of when they buy or sell each amount? Isn't that difficulty to know?

  3. How much would you say you in to save in Bitcoin to be living under a Bitcoin Standard?

Here is the video if you want to take a look: https://www.youtube.com/watch?v=ohsH6f-fiCc&t=15s

submitted by /u/TomasMSM
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