King CT

Sharing knowledge, opinions and trends in the cryptocurrency space. Exploring the world of cryptocurrency, one tweet at a time

[King CT @KINGCTleb]

@LBCI_NEWS @grok what is this ?

[King CT @KINGCTleb]

@GermanosPeter مبين منقولة عن ChatGPT 🤣🤣

[King CT @KINGCTleb]

Hi @oleg_fem ,
Is the team currently working on a new 2026 roadmap? 😉

[King CT @KINGCTleb]

Good evening @oleg_fem,

I had an issue with the app today. I claimed one 12% jar and my SWEAT payout. The amount showed briefly in my available balance than it disappeared. I claimed another small payout and it happened again.
Any bugs with the app ? Can you help ?

[King CT @KINGCTleb]

@unusual_whales What does this have to do with stocks and unusual whales ?

[King CT @KINGCTleb]

@DearS_o_n Everything a man do in life is for his family.

[King CT @KINGCTleb]

@bitcoinarchive Unrealized profit *

[King CT @KINGCTleb]

Hi @oleg_fem . Can you please add the “ upcoming jar unlock “ feature , so we can know which jar is unlocking upnext?

[Stack Hodler @stackhodler]

"You need $20 million to be comfortable"

If you're a Bitcoiner, be careful not to get caught up in chasing inflated net worth targets that are a result of the inherent insecurity of the fiat age.

Net worth is an overrated vanity metric.

The amount of cash you can comfortably spend each month is what impacts your day-to-day life.

Cash comes from business income, employment, or investments (dividends, capital gains, collateralized loans).

If you're living off of investments, the type of investment you choose makes a tremendous difference in your spending ability.

Let's say you want to spend $35K per month.

That's $420K per year.

A very comfortable life pretty much anywhere.

If you have a net worth of $10 million and it's all parked in T-Bills yielding 4.3% you'll need to spend all of your annual returns on living expenses (and even eat into the principle to pay taxes).

But let's say you only have half that net worth, but all $5 million is sitting in Bitcoin.

Long-term, it's reasonable to expect a 24% annual return on your BTC.

Year one, that's $1.2 million in capital gains. Let's say you sell $520K to cover living expenses + taxes.

You're left with $5,680,000 which turns into $7 million after one more year of 24% growth.

So you spend $35K a month, live well, and all the while your capital is growing rapidly.

See why net worth is a dumb metric?

The person with the $10 million net worth is living the same lifestyle as the $5 million net worther, but the $10 million guy is slowly impoverishing himself by hiding in T-Bills while the Bitcoiner is getter wealthier by the day.

So what's the takeaway?

The net worth targets that you see thrown around online are all calibrated for the fiat age where everyone just accepts that the government will steal their purchasing power over time.

But Bitcoin insulates you from this.

This is why I don't like the phrases "no one has enough Bitcoin."

Some people do indeed have enough Bitcoin.

But no one has enough time.

Past a certain amount of BTC, you're better off prioritizing your health, time, work freedom, experiences with family, etc. rather than the incremental Satoshi.

The fiat net worth targets will always get bigger.

But the Bitcoin net worth targets will always be smaller.

Remember:

In the fiat world, today's enough is tomorrow's poverty.

In the Bitcoin world, today's poverty is tomorrow's enough.

[King CT @KINGCTleb]

@Jason______A Are you still alive ? 😂

[IncomeSharks @IncomeSharks]

Until Crypto goes back to innovating and providing REAL value I feel like I'm wasting my time trying to convince others to see how greedy and delusional this space has become.

Money is being extracted at an accelerated rate from loyal crypto believers to outsiders who could care less.

It started with the VCs, then the exchanges, ETFs, then the celebs, then influencers, and now it's down to people taking from each other.

PumpFun found a way to drain hundreds of millions from the space while diluting what was an already oversaturated market.

Large centralized exchanges became the gate keepers listing whatever tokens made them the most money. A pay to play model that punished good projects and rewarded slimy ones.

Rugs have become acceptable. CTOs an excuse for a dev to rug twice. Utility no longer having utility.

Delusion is now required to feel normalcy and if you dare speak out against any of this you become the villian.

The solution? Wait patiently for things to break so that the space is ready to go back to the way it was.

Decentralization, quality over quantity, projects owned by those using them, NFTs being used for utility and not just art, memes back to being fun and not diluted, and healthy competition on who can innovate faster. Building products that get adoption levels higher and see integration into the lives of everyday people.

We need Crypto 2.0

[King CT @KINGCTleb]

@AltstreetBet It’s @CryptoWizardd 😂😂😂😂

[King CT @KINGCTleb]

@oleg_fem Yes. But it is a pain in the butt 😅 I am thinking a vot to create a step validation system related just to SWEAT WALLET , and remove the dependence on SWEATCOIN validation system. Their is no single benefit from this transition, just to remove the dependence on WEB2. @oleg_fem

[King CT @KINGCTleb]

Hello @oleg_fem , we missed to vote on something big in the app 🥲

[King CT @KINGCTleb]

@oleg_fem Thank you sir

[King CT @KINGCTleb]

Hi @oleg_fem , the latest version for sweat wallet is 98.0 and that was 1 month ago. Is this the latest update or there is something wrong from my side ?

[King CT @KINGCTleb]

@oleg_fem Thank you :D

[King CT @KINGCTleb]

Will a new roadmap be introduced like always by end of year ? @oleg_fem

[King CT @KINGCTleb]

@edward_farina Smart people

[King CT @KINGCTleb]

@IncomeSharks It will begin after “sell the news event” on Jan 20, 2025. The money will exit BTC to enter Altcoins sector.
From now till then, god only knows how far it will go.