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Author Topic: Is there a place in the world you could live like a king via sig campaigns?  (Read 7474 times)
The Sceptical Chymist (OP)
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March 17, 2022, 01:06:21 AM
Merited by LoyceV (12), panganib999 (5), Smartvirus (5), pooya87 (4), Z-tight (4), vapourminer (3), JayJuanGee (2), Wexnident (2), $crypto$ (2), Coyster (2), ABCbits (1), stomachgrowls (1), DdmrDdmr (1), kawetsriyanto (1), YOSHIE (1), BlackHatCoiner (1), Despairo (1), Zilon (1), uchegod-21 (1), _act_ (1), GiftedMAN (1), kik1977 (1), Uang_kartal (1)
 #1

I'm asking this question seriously, though I'm going to qualify that by saying that I'm not planning on doing anything like this.  It's just a fantasy of mine, and the question very much has to do with economics, i.e., it basically has to do with economies in various parts of the world and the cost of living.  **Edit: This thread would be appropriate for Bitcoin Discussion as well, but mods, please don't move it there.  This isn't a thread that's meant to be funny, and I'd like thoughtful replies--which I won't get if the thread gets buried in a picosecond within the wasteland of what should be the most important section on the entire forum.**

Let's say a few of the Chipmixer crowd wanted to escape whatever tyranny they were living under in their country or countries (I picked that campaign because I think it's the highest-paying one, but correct me if I'm wrong).  We'll assume for the sake of argument that the campaign is going to continue indefinitely and that each member (let's say five in total) make the maximum number of posts per week, earning $300 worth of bitcoin in the process.  Let's further assume that these Chipmixer snobs demand only the best--Havana cigars, a large dwelling with a decent amount of land and no neighbors, a wine cellar (to be filled), and all the illicit and legal substances their cadre of well-endowed women can procure.  And a lawyer on retainer.

My question is whether there's any place on earth where $1500/week could allow five roommates to live very comfortably--perhaps not as boss-like as I described above, but maybe at least the big house and property.  Over the years I've heard stories that Filipino members were able to pay for a good weekly allocation of food just from campaign earnings, and they amounted to a lot less the last time I participated in one of those discussions.  I'm not picking on the Philippines; it's just something I remember and I don't even know if it's true.  What I'm fairly sure of is that there really do exist bounty farms within single households, where multiple family members are all on bitcointalk spamming away and earning who knows how much.

That tells me that there's something to it, because there's no way father, sons, mom, and whatever grandparents are still alive would be bounty hunting if it weren't at least a little bit lucrative.  So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched.  Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?

<and how does one go about getting citizenship?>

I'll lock this thread if anyone reports that this has been discussed ad nauseam.  But if it has, I've certainly missed it.

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March 17, 2022, 02:17:15 AM
Merited by The Sceptical Chymist (5), JayJuanGee (1)
 #2

Speaking from the Philippines here. $1,500 per week makes $6,000 per month. In Philippine peso, that would be ₱313,491.01. That's more than enough for a group of 5 to live comfortably. Very comfortably, I cannot be sure as the level of comfort varies from one personal standard to another. However, that's a huge amount already. Our president only receives a salary of ₱411,382 - ₱423,723 per month.[1] That's only $8,000 give or take.


[1] https://www.imoney.ph/articles/how-much-do-philippine-politicians-earn/

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The Sceptical Chymist (OP)
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March 17, 2022, 03:38:23 AM
 #3

I cannot be sure as the level of comfort varies from one personal standard to another.
Well, you read what I wrote as far as cock-of-the-walk standards, and I probably should have included buying some sort of luxury vehice--not a Bentley or Rolls, but a slick Mercedes or sporty BMW would do just fine.

So it sounds like that $1500/week would buy a pretty nice lifestyle in the Philippines.  Thanks for that input, I appreciate it.  It's also kind of what I assumed, because I've had the feeling that the cost of living in your country is pretty low if you compare it to the US (how much is gasoline over there, anyway?).  My next question would be: how does one go about getting citizenship in the Philippines?  Can somebody just fly there and take up residence, or would they be deported?

I'm still looking for places.  And just and FYI, this is not a new idea kicking around in my head.  I've wondered about this for years.

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March 17, 2022, 03:59:42 AM
Merited by The Sceptical Chymist (4), JayJuanGee (1)
 #4

If you got the right group of people, I think £50k a year is quite a hefty sum for the five of you to live quite comfortably in most places (based off Europe, city centres are expensive and some of the towns around them but semi rural and rural locations would actually be pretty cheap to buy in a lot of places - you'd be able to get 2x3 bed houses for about £200k or ~£1.6k/month on a mortgage).

Idk if it's the same everywhere else though but normally a big property has a big amount of land with it too so you wouldn't exactly be earning fully off the earnings from a signature campaign if you wanted to buy somewhere particularly big (and loans would probably be easier to get on something glike that, especially if there's quite a few of you to guarantee it).

(as a bit of disclaimer, aside from a nice cosy house, a car, food, an adventure once in a while and strong personal relationships I'm not sure what's left I'd want).
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March 17, 2022, 04:10:47 AM
Merited by The Sceptical Chymist (5), JayJuanGee (1)
 #5

I cannot be sure as the level of comfort varies from one personal standard to another.
Well, you read what I wrote as far as cock-of-the-walk standards, and I probably should have included buying some sort of luxury vehice--not a Bentley or Rolls, but a slick Mercedes or sporty BMW would do just fine.

Well, that's gonna be another story. A BMW X5, for example, would cost you more than a hundred thousand dollars.

Quote
So it sounds like that $1500/week would buy a pretty nice lifestyle in the Philippines.  Thanks for that input, I appreciate it.  It's also kind of what I assumed, because I've had the feeling that the cost of living in your country is pretty low if you compare it to the US (how much is gasoline over there, anyway?).  My next question would be: how does one go about getting citizenship in the Philippines?  Can somebody just fly there and take up residence, or would they be deported?

1. Yes, $1,500 per week could give you a pretty nice lifestyle here. You won't be living like a king, but it's gonna be nice.
2. Gasoline here is around $1.40 a liter. It might hit $2 in the coming days or weeks.
3. As far as I heard from foreigners here, Filipino citizenship is hard to get. You'd rather aim for permanent residency, which is still hard but pretty manageable. Please don't take my word for this, but without any connection within the country whatsoever, you'd fly in as a tourist.

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I'm still looking for places.  And just and FYI, this is not a new idea kicking around in my head.  I've wondered about this for years.

The Philippines is a beautiful country, that is, naturally. The people are friendly and hospitable. However, as it is inevitable to deal with different government offices and agencies, it's awful. But I guess there must be a kind of a special treatment for foreigners most of the time. Also, public transportation here is wanting.

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March 17, 2022, 04:35:03 AM
Merited by The Sceptical Chymist (4), JayJuanGee (1)
 #6

My question is whether there's any place on earth where $1500/week could allow five roommates to live very comfortably--perhaps not as boss-like as I described above, but maybe at least the big house and property.  Over the years I've heard stories that Filipino members were able to pay for a good weekly allocation of food just from campaign earnings, and they amounted to a lot less the last time I participated in one of those discussions.  I'm not picking on the Philippines; it's just something I remember and I don't even know if it's true.  What I'm fairly sure of is that there really do exist bounty farms within single households, where multiple family members are all on bitcointalk spamming away and earning who knows how much.

I would say that you can survive and live well in Brazil with 300 USD per week.  The minimum salary is about 217 USD per month in Brazil (not enough to survive imo)

https://agenciabrasil.ebc.com.br/en/economia/noticia/2021-12/minimum-salary-will-be-r1212-tomorrow#:~:text=Brazil's%20Government%20Gazette%20published%20on,(%24%20217%2C18%20dollars).

With 300 a week, you can get about  6000 BRL a month. You can rent a small apartment and buy food, you can even have a small kid and pay for his school if you leave in a small town far away from the big cities. But, 5 people? Well, you can't with just 300 a week.

However, if we talk about 1500 a week (6000/month), that's more than a physician or an engineer can make a month in normal conditions. That is a hell lot of money and that is more than most politicians make as well (President receive about 35000BRL). You won't live like a king, but you will live like a noble.

So, a single signature campaign is enough to live a simple life in Brazil. But, if you already have a job, one can live very confortable with a single sig campaign earning.

https://biz30.timedoctor.com/average-salary-in-brazil/
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1. Median Salary
The median salary of an employee in Brazil is 8,220 BRL per month. After arranging wages in ascending order, the point at the middle will represent the median salary.

It means that half of the workers earn above this level, and the other half earn less.

2. Maximum and Minimum Salary Range
In Brazil, the average salary ranges from 2,170 BRL (USD 417) to 38,200 BRL (USD 7349). The minimum is 2,170 BRL, and the maximum being 38,200 BRL.

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March 17, 2022, 04:39:13 AM
Merited by The Sceptical Chymist (5), JayJuanGee (1)
 #7

I'm asking this question seriously, though I'm going to qualify that by saying that I'm not planning on doing anything like this.  It's just a fantasy of mine, and the question very much has to do with economics, i.e., it basically has to do with economies in various parts of the world and the cost of living.  
...
Let's say a few of the Chipmixer crowd wanted to escape whatever tyranny they were living under in their country or countries (I picked that campaign because I think it's the highest-paying one, but correct me if I'm wrong).  We'll assume for the sake of argument that the campaign is going to continue indefinitely and that each member (let's say five in total) make the maximum number of posts per week, earning $300 worth of bitcoin in the process.
...
My question is whether there's any place on earth where $1500/week could allow five roommates to live very comfortably--perhaps not as boss-like as I described above, but maybe at least the big house and property.

There are several things I think about what you comment:

I think that going 5 people to another country to live together is more typical of 20-somethings, if you're over 40 or 50 I don't see it. Although some time ago it was common for people who were just starting to play poker, in the boom time. Young people who went to a shared apartment to study and play poker and get as much money as possible.

In my case, hypothetically, ifI went to another country I would take savings with me, because apart from the weekly expenses you can have unforeseen events. How would you pay the hospital in a foreign country if you fall seriously ill or have an accident? You would have to see if you can buy health insurance before you go.

If I didn't have a 9 to 5 job, I think I could do other things besides writing 50 posts and get paid. I would still play poker, so I would have another source of income, and even people who don't play poker could create one or two alts to generate more money with signature campaigns, even if these campaigns paid less than the Chip Mixer. If you have no other job, writing 50 posts, which gives you 7 posts a day, leaves you plenty of time to do other activities for which to receive income, and plenty of time to enjoy yourself.

Regarding where to go, it would obviously have to be a country in what we call the third world, although I don't like the term. But there you would have to find one that is relatively safe, because it is cheap to live in Venezuela or Mali but both countries are among the most violent in the world. Therefore, it seems that the most reasonable option would be an Asian country, be it the Philippines as mentioned or some other.

However, if we talk about 1500 a week (6000/month), that's more than a physician or an engineer can make a month in normal conditions. That is a hell lot of money and that is more than most politicians make as well (President receive about 35000BRL). You won't live like a king, but you will live like a noble.

Just a note, he is talking about $1500 per week between 5 people, or $300 per person per week.

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March 17, 2022, 05:33:53 AM
 #8

Live a nice life? Probably in all the countries where the median wage is below half of what you make!
Live like a king, or thriving how you called it, no!

And that is simply because living and spending money on other things than food rent clothes means you're going to have to purchase stuff that doesn't care anymore about the purchasing power of the country and that costs nearly the same all over the world. Take the BMW for example, it's not going to be 10 times cheaper in Bangladesh than in Luxemburg.  Living like a king and at the same time not affording a trip to Europe or any other place on the opposite side of the globe cause the plane tickets alone are your income for 2 months? Again, not a king's life.

Enjoying live more than your average wage in a poor country could ever manage is definitely possible, I think that even in some parts of Eastern Europe you would still be making more than a lot of poeple, you would live a more comfortable life than them, but it's a long way from here to a completely carefree lifestyle.

Quote
Let's further assume that these Chipmixer snobs demand only the best--Havana cigars, a large dwelling with a decent amount of land and no neighbors, a wine cellar (to be filled), and all the illicit and legal substances their cadre of well-endowed women can procure.

A fast check and the average price for an hour of you know what in Manila was around ₱ 6,000, that's 100$.
So, not, you're going to have to stick to animes for a harem, even there.



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March 17, 2022, 05:34:07 AM
Merited by The Sceptical Chymist (3), JayJuanGee (1)
 #9

$300/weak or $15.600/year is really high income on developing countries, some countries only earn income below $500/month or $6000/year and it's enough for them. In malaysia the annual income around $5000-$10.000, some people are still want to work if they got paid lower than that because if they don't work they don't have any money to buy foods. I ever work as part time worker on Food and Beverage company, I only got paid for $300/month and I'm already happy.

Now with the current pandemic, many people lost his jobs and it's more harder to find new jobs. Gladly I got accepted one of campaign here and got paid $30/week. To be honest I'm not joining this forum only for money, but to learn more about Bitcoin and talking with other people with same discussion. But, it's nothing wrong if we can earn money when you still doing what you like isn't?

In malaysia, you couldn't live like a king with $300/weak, but you can live comfortable and eat whatever you want.


https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=105

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March 17, 2022, 06:08:32 AM
Last edit: March 17, 2022, 06:20:17 AM by The Pharmacist
Merited by JayJuanGee (1)
 #10

I think that going 5 people to another country to live together is more typical of 20-somethings, if you're over 40 or 50 I don't see it.
I see your point, but there have got to be plenty of bitcoiners over the age of 40 who are disenchanted with their country and their government, who have few attachments as far as family or friends, and who'd love the adventure of something like I'm hypothetically suggesting.

If it was me who was the >40 guy in the group, I'd just insist on a basement apartment and mostly keep to myself, only bobbing my head up to socialize with my younger team members.  And I can pretty much guarantee you the climate--and I'm talking about the weather here--would be so much better than where I live now.

In my case, hypothetically, ifI went to another country I would take savings with me, because apart from the weekly expenses you can have unforeseen events. How would you pay the hospital in a foreign country if you fall seriously ill or have an accident? You would have to see if you can buy health insurance before you go.
Of course!  That's a risk you take when you jump so far out of your comfort zone that you'd need something stronger than Googly Maps to guide you back to it.  And let's say this is a big house that has plenty of room for a bunch of GPUs.  There's some mining that could be done as a side hustle so long as electricity is reasonable.  And that said, I just checked the average cost in the Philippines and it's like $0.305/kWh.  That's a big deal-breaker.  

If you got into an accident, that's one thing.  That'll cost you straight out of your wallet.  But if you come down with, say, cancer you'd still have US (or whatever country) citizenship and presumably a way to pay for your treatment.  I do get that it's a major risk, though.

If I didn't have a 9 to 5 job, I think I could do other things besides writing 50 posts and get paid. I would still play poker, so I would have another source of income, and even people who don't play poker could create one or two alts to generate more money with signature campaigns, even if these campaigns paid less than the Chip Mixer.
Now where did I ever mention that signature campaigns had to be the sole source of income?  In my hypothetical I just specified that they be the primary source.  I agree with you 100%.  I'd be bored as hell and probably would be found hanging from a string in the basement in no less than a month or two if the only thing I could do was write posts.

Think of the advantage you'd have if you could live in our hypothetical house and have your way paid for simply by making 50 posts/week.  That would free you up for so many other things!  If you're in your 20s, it'd be like retiring early--even if you got a 9-5 job in the new country (which a lot of retirees do anyway).  You'd already be making "fuck you" money, so you wouldn't have to apply for shit jobs and if you didn't get one you could spend your time playing poker.  Not a bad deal, I'd say.

Live a nice life? Probably in all the countries where the median wage is below half of what you make!
Well yeah, that's exactly what I mean.  That's my point exactly.

Take the BMW for example, it's not going to be 10 times cheaper in Bangladesh than in Luxemburg.  Living like a king and at the same time not affording a trip to Europe or any other place on the opposite side of the globe cause the plane tickets alone are your income for 2 months?
OK, I can see your point about plane tickets but is it really true that the price of "automobile X" is the same all over the world?  I plead ignorance of the facts, but I find that hard to believe.  But in any case, the dope whip was just an afterthought.  It's the real estate I'm most interested in, and I know damn well prices for houses and land are not constant throughout the world, just like electricity, petrol, and prostitutsia.  Or treatment for gonorrhea for that matter--and while we're on the subject, I can stick with my typically subterranean standards and be chaste if the carnal act you circumnavigated around naming really does cost $100.

OMG, are wages really that low in Egypt?  I would not have guessed that.

A'ight boys, we're flying to Sri Lanka or Ethiopia!  You can flip a coin.

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March 17, 2022, 06:29:01 AM
Merited by JayJuanGee (1)
 #11

That tells me that there's something to it, because there's no way father, sons, mom, and whatever grandparents are still alive would be bounty hunting if it weren't at least a little bit lucrative.  So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched.  Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?


With 6000$ per month you have a pretty bit choice. You can have a good life in most part of the world. For your purposes you just need to find a friendly place with a decent infrastructure.

For now, following options are coming to my mind:

Malaysia, Philippines, Vietnam and Thailand. These places are pretty cheap and friendly for foreigners. If you come in a group then it is possible to find a fancy villa. But I'm not sure if you may get a cool car there.
Cuba, Georgia, Armenia, Egypt, Turkey, India and Morocco also should be fine, at least they are actively attracting foreigners and they are safe.

P.S. In case anyone is making a group for such journey - please hit me up.
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March 17, 2022, 06:57:08 AM
 #12

Take the BMW for example, it's not going to be 10 times cheaper in Bangladesh than in Luxemburg.  Living like a king and at the same time not affording a trip to Europe or any other place on the opposite side of the globe cause the plane tickets alone are your income for 2 months?
OK, I can see your point about plane tickets but is it really true that the price of "automobile X" is the same all over the world?  I plead ignorance of the facts, but I find that hard to believe.

No, of course not but it's not following the purchasing power, there are actually countries where because of taxes and registration fees cars end up being more expensive despite the average wage being lower. If I remember correctly the Philippines is one of those countries with a tax for "luxury", Denmark is definitely another. There are also a ton of countries where imports make foreign cars way pricier than their comparable rival model manufactured there, in China for example has a 15% tax on European cars and a 40% on USA-made vehicles.

That all being said, I doubt there is a place in Africa where a brand new 4 series would cost the same as the average annual wage as it does in the US.
And if that place does exist, then the next thing I do is go there and buy a dozen of them to sell it back home.

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March 17, 2022, 07:08:53 AM
Merited by JayJuanGee (1)
 #13

Most if you live in Southeast Asia (excluding Singapore, not too familiar about Malaysia) with $300/week you can live quite well, can not be said rich but at least in Jakarta (the capital of Indonesia) you can live in installments to have a car (standard car not luxury). 300/week or 1,200/month equals Rp. 17,000,000. With that money can't live like a king but at least you will look more respectable for having an income above average.
This is the average cost of living in Jakarta.
and also the average salary of employees in Jakarta
So the money is very likely to provide a better life and is quite sure it will be the same as developing countries even more so for poor countries.

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March 17, 2022, 07:28:53 AM
Last edit: March 17, 2022, 09:32:06 AM by _act_
 #14

Let's say a few of the Chipmixer crowd wanted to escape whatever tyranny they were living under in their country or countries (I picked that campaign because I think it's the highest-paying one, but correct me if I'm wrong).  We'll assume for the sake of argument that the campaign is going to continue indefinitely and that each member (let's say five in total) make the maximum number of posts per week, earning $300 worth of bitcoin in the process.
People in Chipmixer campaign living in some country will live a very good life. There are some things that can be expesive in such countries, things that are important like cars and some other things like that which they import, but when it comes to food, renting house and daily living, it will be much cheap.

You can check this site: https://www.numbeo.com/cost-of-living/compare_countries.jsp

Let us compare US and Nigeria: https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Nigeria&country2=United+States

In the state I am living, my friend rented an apartment worth only $517 per year, a very good apartment. People in my state are still complaining of rise in food stuff but it is nothing to those in Chipmixer.

To tell the truth, some people from such countries are able to make good life with even the $300 they are collecting but they can also have other ways of making money, but they can have good living with $300.

Another thing is that the minimum wage of some countries is less than $1.8 dollars per day, that is around $52 in a month and the government workers are still living in the country while some private are paying lower. You can see how someone collecting $300 is benefit more than that.

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March 17, 2022, 07:49:42 AM
Merited by JayJuanGee (1)
 #15

My question is whether there's any place on earth where $1500/week could allow five roommates to live very comfortably--perhaps not as boss-like as I described above, but maybe at least the big house and property.  Over the years I've heard stories that Filipino members were able to pay for a good weekly allocation of food just from campaign earnings, and they amounted to a lot less the last time I participated in one of those discussions.  I'm not picking on the Philippines; it's just something I remember and I don't even know if it's true.  What I'm fairly sure of is that there really do exist bounty farms within single households, where multiple family members are all on bitcointalk spamming away and earning who knows how much.

That tells me that there's something to it, because there's no way father, sons, mom, and whatever grandparents are still alive would be bounty hunting if it weren't at least a little bit lucrative.  So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched.  Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?

<and how does one go about getting citizenship?>

I'll lock this thread if anyone reports that this has been discussed ad nauseam.  But if it has, I've certainly missed it.

Afghanistan is the place where monthly living cost is just above 350$ but many people will not feel comfortable in the rule of the Taliban so Pakistan could be the 2nd best place for you. 370$ per month for an individual. You can live with good food, a home and can afford safe and comfortable transportation. Peoples are also hospitable towards foreigners.

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Top 10 Cheapest Countries to Live In (in monthly US$) - Living Cost

Afghanistan - $354
Pakistan - $370
India - $423
Tunisia - $424
Sri Lanka - $428
Kyrgyzstan - $430
Algeria - $431
Syria - $435
Nepal - $439
Turkey - $447

https://worldpopulationreview.com/country-rankings/cheapest-countries-to-live-in
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March 17, 2022, 08:09:36 AM
Merited by JayJuanGee (1)
 #16

You can check the list of countries offering minimum wagers this article - https://en.wikipedia.org/wiki/List_of_countries_by_minimum_wage and then accordingly decide which country to move in depending on the safety, which is listed in this article - https://worldpopulationreview.com/country-rankings/safest-countries-in-the-world


Afghanistan is the place where monthly living cost is just above 350$ but many people will not feel comfortable in the rule of the Taliban so Pakistan could be the 2nd best place for you. 370$ per month for an individual. You can live with good food, a home and can afford safe and comfortable transportation. Peoples are also hospitable towards foreigners.

Quote
Top 10 Cheapest Countries to Live In (in monthly US$) - Living Cost

Afghanistan - $354
Pakistan - $370
India - $423
Tunisia - $424
Sri Lanka - $428
Kyrgyzstan - $430
Algeria - $431
Syria - $435
Nepal - $439
Turkey - $447

https://worldpopulationreview.com/country-rankings/cheapest-countries-to-live-in

Afghanistan does not have a banking system and is also in constant civil war. India and Nepal are safer than other countries listed on the list but the new Indian tax system will swallow 30 percent of your cryptocurrency earnings. Therefore in my opinion, Nepal & Srilanka right now can be the destination where you can live like a king with your earnings from the Signature campaign.

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March 17, 2022, 08:10:41 AM
 #17

It really depends on what you imagine 'living like a king' is. There is no modern country on the planet where you don't have ultrawealthy individuals (ultrawealthy from my perspective), so would you be able to be on their level? No. Could you live a decent life just by sig campaigns, yeah, I guess you could, but that's as far as that goes? It's a good addition to your regular income.

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March 17, 2022, 09:11:32 AM
Merited by The Sceptical Chymist (4), Halab (2), Coyster (2), _BlackStar (2), JayJuanGee (1)
 #18

Living like a king is relative to environment. Taking my country - Nigeria for instance. The largest city is Nigeria is Lagos. In lagos there is a place called Banana Ireland, in that area $1500 per week will only make you an average Nigerian. But in same Lagos, there is Sango, Egbeda, Idimu where $1500 per week will make you live like a king.

Looking at the general economies of the country, before last year the minimum wage used to be N18,000 per month which is about $30 per month. But it is now increased to N30,000 per month which is about $53 per month.
Saying about $300 per week, is good to live like a king only if it remains steady as you said.

Relocating to Nigeria is not difficult because the country is very hospitable and welcomes strangers as giants of Africa. In Nigeria, for residential purpose the best city to live in is Abuja which is the headquarters of Nigeria. But for business purpose you can choose Lagos.
But in all $1500 is rather the yearly payment of many unprotected labour and employees in the average cities of the country.

R


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March 17, 2022, 09:28:40 AM
Merited by The Sceptical Chymist (4), JayJuanGee (1)
 #19


That tells me that there's something to it, because there's no way father, sons, mom, and whatever grandparents are still alive would be bounty hunting if it weren't at least a little bit lucrative.  So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched.  Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?


If you can sacrifice your luxury in life then Bangladesh or India can be affordable with small living costs. For being an agricultural country food is pretty cheap here. You can afford and eat a healthy diet and enough food with just 100$ per month for an individual. Another 100$ for your house rent and transportation cost but it's in a small town where no pollution and traffic jams can annoy you. If you want to stay in a metropolitan city then you have to double that amount.

If you can add another 100$ then your life will be a luxury here. I do not need any data to show you because I am telling you this from my personal experience.


<and how does one go about getting citizenship?>


Quote
Naturalization is permitted by the Citizenship Law of Bangladesh. Any adult of good character who is married to a Bangladeshi and residing legally in Bangladesh for a period of five years; competent in the Bengali language; and intending to reside in Bangladesh can apply for naturalization.

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March 17, 2022, 09:36:53 AM
Merited by The Sceptical Chymist (4), JayJuanGee (2), stompix (2), bitmover (2), BlackHatCoiner (2), Coyster (1)
 #20

I'm a senior unix system engineer with 2 masters in a developed west european country and i make about $3500/month.
My wife is a teacher with 2 bachelors and she makes about $2000/month.

$1500/week is ~$215/day. That's ~$78k/year.
My wife and i combined make about ~$66k/year for doing specialised jobs with a lots of responsability, a bachelor/master degree, many years of ancienity in a developed country... I'm pretty sure you can live like a king in several other countrys with a much lower income.

We're a family of 3, but adding an extra 2 people won't increase the expenditure by 40%. You don't need 5 cars, 5 TV set's, 5 gaming consoles, you don't need to spend 5x as much for heating or for ISP connectivity.

In my country, which is one of the more expensive ones in the world, i'm pretty sure you can rent a house big enough to accommodate 5 people without compromising comfort, you can have 2 cars, you can have food and entertainment... You probably have enough left over to take a big overseas vacation once or twice a year. Sure, it won't be living like kings, but you'd have a warm house, a private bedroom, a bathroom you only need to share with 1 or 2 people, a car you have to share with 1 or 2 people, hot food, medical attention, entertainment,...

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