Never Cashing Out

>implying AI won't find a way to keep the link intact

Me

it will. gotta wait til 2055 though.

I live in Germany, by December this year I'll have held my coins for a year, then apparently I can cash out tax free.

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interesting idea. but im not sure i trust the people running that kind of high tech. even something as simple as a smartphone was designed as a tool to create a surveillance state. who even knows what kind of trap theyre setting if they start telling you they can transfer your soul and shit. NOPE

they wouldnt have even bothered making the smartphone if they couldnt fuck us with it. i dont believe theyre even in it for the money at this point. its deeper then that

Yes, that's the long term plan

> Earn passive rewards from ZenCash nodes
> Cash out monthly node reward into ETH
> Open a credit loan on MakerDAO, take out a DAI loan.**
> Cash out DAI to EUR to pay bills, profit when ETH goes up.

>** Cap MakerDAO at a specific max debt to asset ratio to avoid ruin.

$5000+ / month rest of Crypto's lifetime.

Theoretically, if the market exists for the next decade it is possible to create a passive income stream in many of ways. Fuck, I mean we are creating a new financial system, people call it a revolution, why tf would it not be.

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memebooks and iphones are nice but the rest of apple is trash

What about crypto debit cards? Like Monaco, TenX or, in the future, Cardano?

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The funny thing here is that your poor opinion is the opposite of true. Their desktops are the only thing they still have going for them.

because tokens are useless, they can be created and destroyed arbitrarily meaning they have no value and are redundant. Sure, you may make money during certain (even long) periods.

But just think about it, bitcoin becomes official world currency. If a lot of people hold it, there won't be any more available resources than there are now (expect technological developments). It can be $500k but economically the only way for some people to have extreme wealth, the large majority has to be average (or low) wealth (think of a pareto or exponential distribution).

If the market exists 10 years from now on (it will for sure) it will either 1) stay as it is, crashes and bull runs not going anywhere 2) actually go somewhere and crypto will be widely used

If you bet in #2 you better read above and prepare yourself. You can be the next billionaire (or the equivalent to today's billionaires) if you manage your bank the right way. But the chances of "making" it don't increase over time, there will always be a small elite that's wealthy and most people wagecuck, don't think a new finantial system will change that

also Revolut (have to sign up to premium to do crypto) or STK (not yet)

If I'm make enough to pay serious taxes I'm leaving the US and renouncing citizenship

don't they have absurdly high (((fees))) ?

Ill cash out my first milly then never touch the rest

>lower total cost of ownership
>hold their value much much better
>more stable, better OS

Yes their initial cost is high, but once you've bought in, it's basically a relatively inexpensive subscription for a superior product. Just get the extended warranty and insurance, sell every 2 years and buy a new one.

Property I think will be the hardest thing unless huge leaps are made in tokenised real estate whilst avoiding KYC.

Funding your lifestyle off a monaco (or whatever its called) crypto-> debit card.

Thats the only way you can "cash out" 100k+ whilst avoiding taxes

I plan to cash out at 10k profit

Interesting defense of Apple, mathAnon. Linux/OpenBSD on a $300 refurbished PC is still best.

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> If the market exists 10 years from now on (it will for sure) it will either 1) stay as it is, crashes and bull runs not going anywhere 2) actually go somewhere and crypto will be widely used

I would say that I I am betting on both here, with the chance of a total crash being bigger than anything else within 10 years. But if there is even the slightest chance that 2 may happen, then my money should be in this. And I should try to expand my Crypto shelf life as much as possible. The last thing I would want to do is cash out my actual crypto at all over a 10 year period if #2 occurs.

And of course, I still have to pay bills. So finding a passive income within Crypto is definitely the golden grail right now.

Aparently

Sage, because apparently I am the only one with good financial ideas?

I have a small stash of anonymized BTC that I intend to keep in crypto forever. I trade some of it, and I pay small bills with the non-traded stash.

Go to your grave with your private key

all of you crying about how expensive apple shit is, arent you all rich from crypto or are you just late adopters?