[edited out]
A nice read.
Summary: 21 BTC.
Ok 21 BTC is enough.
Are you saying right now that 21 BTC is enough or that 21 BTC is enough in a kind of maintenance level way?
I have some kind of a projection systems that I use that show the number of BTC that I currently have and then I project out the quantity of BTC that I expect to have in the future as the BTC price goes up, and so hypothetically, if I were to start out with 21BTC now, based on my current way of projecting out, I would anticipate if BTC prices were to shoot up to $1.2 million, then I might only have around 18.4BTC... so sure that is a possible ratio that still works...
However, I suppose that if you were to want to end up with 21 BTC by the time the BTC price reaches $1.2 million, then you would need something like 24BTC currently.
Those are just approximate withdrawal ratios that I currently have in my BTC price projections and BTC portfolio expectations in the event such a BTC price rise up to $1.2 million were to happen.
$1.2 million? Per coin? That would surely make 21 BTC a fuck-you amount of corn, won't it? Even 2.1 BTC could be called that, albeit borderline and more risky.
I remember reading about that idea of being "one in a million" by acquiring 21 BTC. That was at a time when it was relatively easy to reach that level of corn HoDLship. Now, this is way more difficult, and, surely, it's going to be even more difficult in the near future (with some BTFD periods in between, that might ease things a bit, with the current one being one of them). Anyway, I find the "one in a million" target to be a bit silly, and more about semantics, rather than substance. "One in a million?" So what? I don't care if I'm one in a million of anything, as long as I can do what I need, want, desire to do, and also contribute to something that will help the world at large.
To answer your question, I guess it heavily depends on where and how one lives, and what his/her goals are. In a western European country, for example, I'd say that 21 BTC is currently good enough as a safety net that enables the HoDLer to be more direct in using the F-word in his interactions with persons of authority, such as bosses, banks, governments, even family members, etc., but it's still a bit less that what I'd consider true fuck-you status. In 2022-2023, that will most probably change, to the point when 21 BTC gives you true fuck-you rights for most things. I'm not talking about lakes and ranches, these require triple digits at the very least (currently, that is), but I never personally felt the need to own such types of property.
In short, it all depends on the individual, as each one of us is different. I do, however, feel that 21 BTC is a good amount of corn that enables one to reside in the upper floors of the Bitcoin citadel, as pictured beautifully below.
Poll
