10 months ago, I started living on the Bitcoin Standard.
It has been, without a doubt, a massive success.
If you’re looking for charts, graphs and numbers describing how much of a success it has been, well, I don’t have them.
I’ve been living on the Bitcoin Standard without tracking cost basis and profits. Why? It’s a peaceful and simple life living this way.
Bitcoin Standard?
To give a quick explanation, living on the Bitcoin Standard for me means choosing to save in bitcoin. While I get paid in fiat (U.S. dollars), all of my income is automatically converted to bitcoin. I spend bitcoin when I can, and actively seek-out and prioritize businesses that accept bitcoin. When I can’t spend bitcoin directly, I use a credit card, and then pay-off the credit card at the end of each month by selling bitcoin. When I need cash, I have a trick for getting it.
While it would be interesting and super cool to see exactly how much of a success it has been, I’m satisfied sticking to the big picture: my life has gotten roughly 40% cheaper since adopting the Bitcoin Standard.
Bitcoin closed out October 2024 at roughly $70,200 and sits at $117,100 at the time of this writing, about a 40% increase in purchasing power.
Saving in money that cannot be debased and that has a known and predictable monetary policy provides great benefits beyond “number go up”.
There’s no need to chase gains, nor the need to spend hours trying to maximize my investments. Similarly, there’s no need to stay current with the markets or whatever the flavor of the week is when it comes to disruptions, catalysts, opportunities, and political happenings.
It’s genuinely so nice and calming to be able to tune out the noise that the average person bogs themselves down with when it comes to investments. The frequency with which I view people checking their stocks on their phones and talking about which stock they bought and which stock is losing them money, is staggering. Being able to unplug from all of that is incredible.
I’ve done the work, built my conviction, and now I rest easy knowing I will preserve my purchasing power and carry it into the future.
I’ve found great peace in staying humble, stacking sats, and living on sats.
The Bitcoin Standard
Following my journey switching to Bitcoin as my primary money — the why, the how, and the reality of living on sats.
WANT TO GO DEEPER?
Book a one-on-one Bitcoin conversation.
Not a lecture. A real conversation tailored to where you are. $200/hr · Remote · 5% off when you pay in bitcoin.