Great point, traiz. How rich is rich?
No matter how high bitcoin might go, I imagine that I will always want it to go higher. Despite this, I am already living a comfortable life. I have my needs met, and I am not going to starve anytime soon. Does wanting btc to continue to rise make me greedy? Will being a fiat millionaire actually make me happy?
I don't know, but I don't expect that it would.
On a somewhat related note, I want to make a pledge to donate to charity. If bitcoin reaches X amount, then I will give Y% to charity Z.
I want to do this in a public space (this forum) so that it makes it harder for me to go back on my word when it happens.
I've never given a significant sum of money to charity before, so I'm a newb. Any ideas for plugging in the X, Y, and Z to my proposal?
"If Bitcoin reaches $800, I will give 99% to St. Jude's."
That's too steep of a commitment at too low of a price threshold for me. I still want to enjoy the bitcoin roller coaster for a while
St. Jude's, however, looks like a very worthy cause, and I will consider it. Thank you.