Oddbean new post about login | logout I feel ignorant of how many bitcoiners I follow are this rich. Did you take care of all the stuff people say they'll do first? Like pay off family member's mortgages, pay off your debts, college saving, etc?
Ps I’m not that rich. I’m doing well, but I’m not rich enough to own a private plan or a yacht. That said I have very rich freinds (early bitcoin OG’s) and have been able to sample their lifestyle by hanging out with them. For me though I do take care of some family members. Low personal debt. The kids have savings accounts etc… I never paid anyone’s mortgage and in fact some family members have an issue with me post success. So I’ve cut ties with many.
Wealth is always relative to who you hang around. It's amazing how many family members resent success and distance themselves when they realize you are rich (relative to them) and they should have listened. "must be nice...." I don't ever let that slide. My standard reply is "It's REALLY nice! Let me know if you want some tips"
Same. Not rich, but know enough rich people that I've tried that all out, except the plane and the yacht because I get seasick. And they were more like small planes and sailing boats they piloted themselves. Not like, some Russian oligarch's stuff, or something. 😂 I don't think you actually need to be that rich to do most of this stuff. It's very UMC.
I’ve been on Michael saylors yacht and it was Russian oligarch status. Like being on a floating hotel. It had a full staff and everything.
Now there’s a boating accident just waiting to happen.