You would be very well off here in Africa, Angola, if you had the value of one Bitcoin.
| Of course, that depends on each person’s standard of living. This is just my perspective, that of a young man living in Angola, where the minimum wage is $74. Just to give you an idea, my father earns $55 as a security guard. With the value of a full Bitcoin, you could buy several properties here. You could do a lot. In my case, I would retire, sell half, that is, convert it to fiat currency, and invest it in local fixed income, which yields about 16% per year. But with annual inflation of 19 to 20%, I’d technically be losing money, though I would still live very well. Too bad it’s just a dream, $100k is lifetime money. I guess my entire family never reached this amount [link] [comments] |