1/ What is wealthy? Traditional “High Net Worth” is liquid assets (excluding your principal house and subtracting mortgages and other debts) of one to five million USD. I suggest that is on the low side today, but I think we would all agree $2.5m of investable assets is wealthy.
2/ So lets assume you haven’t borrowed to buy your bitcoin. Nor have any other investments. How many bitcoin do you need to have HODLed to meet that HNW target?
3/ at $50,000 you need 50 #BTC – an unattainable target for almost anyone not in Crypto before say mid 2020
4/ at $100,000 (say by July 2021…. not advice) you need 25 #BTC – still a big ask unless you were an OG
5/ but let’s assume PlanB is right, and average price exceeds $250k during the next four years – that is “only” 10 #BTC
6/ Let it sink in. Anyone who has 10 #BTC is likely to be on average a solid HNW by 2026 at the latest
7/ Not Financial Independence Retire Early (F.I.R.E) but H.S.B – High Net Worth by Stacking bitcoin
8/ Anyone who has 25 #BTC is likely to be on average a solid Very HNW (VHNW) by 2026 at the latest
9/ Anyone who has 60 #BTC is likely to be on average a solid Ultra HNW (UHNW) by 2026 at the latest
10/ Anyone who has 1.0 #BTC may well be an HNW by 2031
10/ Anyone who has 1.0 #BTC may well be an HNW by 2031
11/ This is what asymmetric bets look like
12/ So if you believe in the narrative, get HODLing while the sale is still on
13/ Later this century: “Grandpa, you really bought our family bitcoin below $100,000???”
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