Oddbean new post about | logout
 Yep. I buy 10 a week. With occasional one time purchases. I suppose I could eat Ramen noodles and Vienna sausages every day to up that but between taxes, food, rent and utilities that 30 an hour I make goes pretty quick. Plus the big hitter of paying off the debt I ran up in my 20s of course. Haven’t added anything new to the debt in years. How many people just getting into bitcoin are also paying off at least 10-20,000 in debt? Whether it’s credit cards, student loans, a car. Whatever it might be. 
 I’m also stacking silver. Along with copper jacketed lead. I’d rather diversify my portfolio amongst competing currencies. 
 The amount of Bitcoin I'm stacking will make me one of the wealthiest women around, but I'm _already_ one of the wealthiest. Doesn't take much.

Some just seem wealthier because they've bought snazzier cars and taken out bigger mortgages, and have fancier titles, but they're effectively broke. They don't have any real money or anything they could quickly liquidate for money. 
 The problem we're facing is a different one:
Some people who know what sort of work we do, and who see we aren't spending the income, are starting to ask for "loans".

They can do the math.