Living a Bitcoin Standard

As Bitcoin grows in popularity, so too do the many ways people are leveraging it to live their lives, some adopting strategies which allow them to convert all their economic energy (income) directly into Bitcoin and then borrow against it to pay bills, buy groceries, etc. This is a more complex scenario which has many assumptions and dependencies, so anyone looking to adopt this kind of strategy should seek professional advice.

In This Model: Input your monthly net income, input a loan APR % to borrow your native currency, input your year over year salary increase, input the estimated annual inflation rate, and set the Bitcoin CAGR metric to your specification. The results will show you what your annual income looks like over a 20 year period based on your inputs, and show you what it would look like if you were converting your paychecks to Bitcoin while borrowing currency to live. This is based on the idea that inflation reduces the value of our currency each year so despite getting nominal pay increases, our purchasing power actually goes down over time. We at Bitcoinmath live life this way and see it as a great strategy for people to get ahead, but given the complexities, anyone considering this approach should seek professional advice before making any decisions.