Stay at day job (work or school) if suddenly filthy rich from Bitcoin?

[Notanon]

Studying full time at the moment, but would keep going until I finished. I'd use the excess of my funds (after spending the rest to get myself set up for life, namely clearing debts and buying a house and property outright) to invest in different things and fund the R&D side of a few ideas I have for outside the crypto world.

Wouldn't sit idle, that's for certain.

[kellzy]

I have dreamed about this. I would quick, as in just leave, that day!!
Not working might get boring, so I would maybe do charity work. You need to keep the karma in check.
Ofcourse we are talking about selling the bitcoins right ? Not just holding them, right ? hehe

[Yeezus]

It depends how rich. Only a million, then I'd probably still work, but if it was multi millions then I'd probably have some fun and travel etc.

[sprot]

If you can't find a way to be satisfied in a life devoid of work, you're gonna have a real bad time once retirement age rolls around.

[boymilk]

I'd probably build my own lab so that I can put some of my biochem skills to good use.

[TaunSew]

I would find a hobby that makes you money.  That way it doesn't feel like work and you won't be bored..  You can be a professional day trader or a porn star.  

Trading is hard work.

Work you can't be fired from or sweat from.  I think the definition of hard work would be welding a building side, whilst suspended mid-air, or crawling through crawl space and fixing a leaky pipe, whilst waist deep in excrement.

Trading nowadays is all handled by bots and scripts, anyway.

[TaunSew]

If you can't find a way to be satisfied in a life devoid of work, you're gonna have a real bad time once retirement age rolls around.

What do you think happens at retirement?  Most people get bored and spend their savings away on cruise trips, eating out and drinking wine.  The reason we see a lot of people continuing to work past age 65 because they're afraid of having nothing else to do in their old age.  This is North American society where people only get to see their Grandchildren (if they have any) once a month or every several months (since they are 2000 miles away by plane), instead of everyday like in the European and Asian extended families.

[turvarya]

I most properly would go into some charity work, putting my money into good use for society. Trying to make a difference.
Sweet unrealistic dreams ...

[peperapijames]

if i got rich from bitcoin or anything else i would keep my day job!!staying idle with no purpose can make someone like me go crazy!

[Bizmark13]

Yesterday I saw someone crawling around with a cloth wiping a trash can.

And then there are people who risk their lives everyday like the Turkish miners.

Even if not all day jobs are as gross or dangerous, I don't understand why anyone would volunteer to be bossed around and told what to do just to make someone else richer if they knew it wasn't necessary.

Like that guy who won the lottery and was set for life but but went back to flipping burgers after a year because he was bored.

Or the people who work in cubicles.

But if stuff like that gives someone's life purpose and meaning and their lives would be unbearably bored without it then there's nothing wrong with that I guess.

But I think it would be better to find things that you would be interested in. Why not learn code and contribute to open source projects? Pick up a musical instrument? Learn a language? Write a book? Paint something you can be proud of and hang it in a gallery?

[TaunSew]

Yesterday I saw someone crawling around with a cloth wiping a trash can.

And then there are people who risk their lives everyday like the Turkish miners.

Even if not all day jobs are as gross or dangerous, I don't understand why anyone would volunteer to be bossed around and told what to do just to make someone else richer if they knew it wasn't necessary.

Like that guy who won the lottery and was set for life but but went back to flipping burgers after a year because he was bored.

Or the people who work in cubicles.

But if stuff like that gives someone's life purpose and meaning and their lives would be unbearably bored without it then there's nothing wrong with that I guess.

But I think it would be better to find things that you would be interested in. Why not learn code and contribute to open source projects? Pick up a musical instrument? Learn a language? Write a book? Paint something you can be proud of and hang it in a gallery?

I disagree.  I don't think people show up to work just for the "work", they crave the social interaction as well.  This explains all the Lawyers, Doctors and Accountants who work past age 65 and presumably have more than enough money to retire (although some are broke as they live beyond their means).

[calaber24p]

If you get filthy rich, then there is no need to work full time earning close to the minimum wage. But by filthy rich, I mean net wealth over $10 million. Anything less than that, won't last long.

Ehh you could live off dividends on stocks with about 2m-3m pretty easily in most places with a pretty good lifestyle. I would imagine life would get very boring though.

[QuestionAuthority]

Quit working and go to Thailand on a drunken whore banging fiesta to keep from getting bored. When that gets old then go to Amsterdam on a drunken whore banging fiesta. Then tour all the Eros centers in Germany. Then go to Aalborg, Denmark and pound a few of their women. Rio would be nice to relax awhile before tearing your way through a bunch of their wool. Then on to Cancun for some brown lips and tequila. What ever you do stay away from the UK because women there are matronly bossy pigs. lol

[TaunSew]

If you get filthy rich, then there is no need to work full time earning close to the minimum wage. But by filthy rich, I mean net wealth over $10 million. Anything less than that, won't last long.

Ehh you could live off dividends on stocks with about 2m-3m pretty easily in most places with a pretty good lifestyle. I would imagine life would get very boring though.

The 8%-10% gain is still capital taxed and it's no guarantee.  You can also lose that principle too

[spazzdla]

I would become a bitcoin miner full time.. mainly for entertainment.. maybe buy a golf course.

I would work for me.

[cryptoanarchist]

Can you add a "raise private army" option?

[hellscabane]

If I became "filthy rich" from Bitcoin, I'd definitely leave my job. But I would probably let it be a long transitional period while I figured out what the heck to do with the rest of my life.

[nickenburg]

I dont even have a job so I would definitely not start working!
I have friends that say if I was a millionaire I wouldn't quit my job.
But I dont understand how people like there job so much, they wouldn't want to quit there job when they have enough to quit.
I mean for me working is only about getting money not something to enjoy.

[adamselene]

I'd travel for a short while but I'd be back trying to come up with cool things to make.

[halfawake]

I have this strong desire to write novels and ideally make a living off it.  I know I can write well, making a living off it is harder though.  So if I did end up becoming super rich with bitcoins, I might just quit my job and work on writing novels all the time.  Yes, retiring would be boring if you're just doing nothing all the time.  Get some hobbies and it wouldn't be.  There's a guy who writes a blog about this exact topic.  He saved up enough money by the time he became 30 that, since he and his family live frugally, he doesn't need to work any more.  The guy's blog is extremely popular, gets about 5 million hits a month, so clearly this idea resonates with a lot of people, myself included, although it's too late for me to retire by 30.