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It may cost $450K right now to be a Whole Coiner for life

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It may cost $450K right now to be a Whole Coiner for life

I was curious about the whole “retire today so long as you have the previous epoch’s Block reward” mantra. The previous epoch’s block reward was 6.25 BTC. So, how would that look drawing a modest $60K per year for a single individual? (just for funzzies).

https://preview.redd.it/vxze8ucqkcyd1.jpg?2365&format=pjpg&auto=webp&s=a1f2733528719f60f2eb8128d96e64950fab9b94

https://preview.redd.it/uoxg11dqkcyd1.jpg?2398&format=pjpg&auto=webp&s=070a587b65c583f786adf81eb4954c7f1fdeb99f

Well, using ‘s BTC FIRE calculator the worst case scenario (Photo 1) you‘d eventually end up with a perpetual 1.5 BTC / $5M total capital minimum never really running below that level for life and at the recommend neutral power-law band scenario (Photo 2) you’d eventually end up with minimum 3.7 BTC / $18M total capital which, of course continues to increase in value.

6.25 BTC costs about the same as the average American home sale price right now.

Also for reference, MicroStrategy’s bear case for 2045 is $3M, base case $13M, and bull case is $45M. Photo 1 says $4M and Photo 2 says $10M. So i’d say both of these hypothetical scenarios run between MicroStrategy’s bear and base case e.g. conservative.

submitted by /u/Loltopsy
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