something else I've been bouncing around my head a lot is that the usual "retirement" calculations are expenses x years expected to left to live
e.g. live in SEA $60,000 x 50 years = $3,000,000
however:
- the denominator is worthless
- instead of rapid hyperinflation will likely see sustained high inflation consistently eating away at networth (halving of buying power every 5 years)
- UBI and AI + unknown other factors will massively shake up what the world looks like in 5-10 years
- real retirement isn't real, after 6 months of sitting on a beach you will get bored, might as well have full freedom + project with income
- capital gains beats passive incum
so instead of having an overall "I can retire for the rest of my life" number (which isn't real, and is part of perfectionism) to break it down into investment blocks:
- 24 months of financial freedom (2 yrs expenses in fiat + no debt): allows to pivot life and set up a new business if needed
- 5 year investments: short enough time to try and predict what will happen, not yet full influence of UBI/AI
- 10 year holdings: real estate, land, gold/platinum, antiques, rare wines/whiskey, bullets, uranium, luxury watches and BTC / ETH
- 20+ year: no one knows what the world will look like, and will likely be very different, regulatory changes, new financial instruments, aliens, only very few things worth holding this long such as $PENDLE and schizo adventures
disclaimer: not joking about the aliens, you think in the whole wide universe we are the only ones? nah, the only reason that they've not blown us up is because we're probably way too entertaining, they're sitting around the hologram at dinner thinking "wonder what crazy shid they been up to today"
To celebrate the launch of #FateAdventure and klue banner, I will airdrop 100 $FA each to 20 people randomly!
Criteria:
1⃣Follow me and @FateAdventure
2⃣Retweet and Like❤️
3⃣Capscreen with you playing with klue trainer👨🌾
4⃣Drop your wallet💎
5⃣?
Deadline: 22 Feb 2025
Enjoy your Fate Adventure!
$Sonic #Gamefi #Airdrop
threadcast ep 13: alon, founder of @pumpdotfun
3:00 what is pump fun?
5:35 the moment pump fun took off
7:30 how did you push pump fun over the edge?
10:20 why did no one build pump fun first?
13:30 memecoins are a distraction
20:00 pump fun evolved the market
23:50 memecoin supercycle
31:20 has pump fun made the learning curve more difficult?
34:30 how has pump fun evolved attention cycles on memecoins?
39:30 pump fun immortalizes memes
43:30 how to cheat coin launches?
48:45 building in memecoins is stigmatized
50:45 the future of pump fun?
53:30 where to draw the line with controversial content?
57:00 culture can’t progress without pushing boundaries
1:02:01 is pump fun social fi?
1:08:06 a VIRAL memecoin idea
1:10:53 stigma around launching memecoins
1:17:53 pump fun ruined crypto
1:21:43 celebrities on pump fun
1:25:28 gambling is the best crypto use case
1:33:03 will solana forever dominate?
1:35:22 how crazy can this cycle get?
1:36:18 special bonus