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I can't imagine any amount of money being so great I couldn't spend it. I could buy islands, companies, maybe even build a city in the desert of Nevada and cal

I can't imagine any amount of money being so great I couldn't spend it. I could buy islands, companies, maybe even build a city in the desert of Nevada and call it New Vegas. And even if that wasn't enough, I could just gamble it on everything. Why not throw $100 billion into nuclear fusion research? I'm confident I could spend the entire world GDP if I had it. I'm not saying I could do it well, but I sure as shit would have fun doing it.

1996 6y ago
Islands is a common trope. Have you tried living on a tropical island? The weather is pleasant, the food is nice, but it gets boring after a while. There is little to do, and it's really hard to relate with the people who live there: none of them are into hacking or computers. As for gambling, I've never enjoyed that. > Why not throw $100 billion into nuclear fusion research? Because I don't care? See, you have things you want, things you care about. Then you get them. And eventually there is nothing you desire anymore. Feel free to not believe me if you prefer but that's the cold hard truth. Biology is the only thing a bit interesting to me. If I didn't have that, I think I would just slide into drugs and eventually OD. The sad story of Tony Hsieh acted as a stern reminder I had to keep my new path. > I'm confident I could spend the entire world GDP if I had it. I'm not saying I could do it well, but I sure as shit would have fun doing it. I don't know your goals, and I don't judge them, but if you are trying to get rich (as a lot of people on HN seem to desire) this mindset may be counter productive. I didn't have the mindset that spending was fun when growing up (asian parenting...) This may be why I didn't spend anything when bitcoin crossed the any of the various price points. There may be a selection effect: those who end up making over 6 digits of net worth are less likely to enjoy spending - and the more extra digits, the less likely. Someone on this thread was saying they enjoyed seeing 7 digits in their account this year - I guess they sold at minimum 200 coins. Given the current price path, it's likely to break 150kUSD this summer. So if they had waited a bit, they would have been in the low 8 digits. Those who sold when the $1 psychological price was passed got themselves a few meals, considering the same amount. Do you see where it goes? I'm not advocating hodling, because there is a point where you have enough money for anything you want - but I think it's not true for the kind of people who find spending fun, and by consequence were driven to sell early.

1996 6y ago

Islands is a common trope. Have you tried living on a tropical island? The weather is pleasant, the food is nice, but it gets boring after a while. There is little to do, and it's really hard to relate with the people who live there: none of them are into hacking or computers. As for gambling, I've never enjoyed that. > Why not throw $100 billion into nuclear fusion research? Because I don't care? See, you have things you want, things you care about. Then you get them. And eventually there is nothing you desire anymore. Feel free to not believe me if you prefer but that's the cold hard truth. Biology is the only thing a bit interesting to me. If I didn't have that, I think I would just slide into drugs and eventually OD. The sad story of Tony Hsieh acted as a stern reminder I had to keep my new path. > I'm confident I could spend the entire world GDP if I had it. I'm not saying I could do it well, but I sure as shit would have fun doing it. I don't know your goals, and I don't judge them, but if you are trying to get rich (as a lot of people on HN seem to desire) this mindset may be counter productive. I didn't have the mindset that spending was fun when growing up (asian parenting...) This may be why I didn't spend anything when bitcoin crossed the any of the various price points. There may be a selection effect: those who end up making over 6 digits of net worth are less likely to enjoy spending - and the more extra digits, the less likely. Someone on this thread was saying they enjoyed seeing 7 digits in their account this year - I guess they sold at minimum 200 coins. Given the current price path, it's likely to break 150kUSD this summer. So if they had waited a bit, they would have been in the low 8 digits. Those who sold when the $1 psychological price was passed got themselves a few meals, considering the same amount. Do you see where it goes? I'm not advocating hodling, because there is a point where you have enough money for anything you want - but I think it's not true for the kind of people who find spending fun, and by consequence were driven to sell early.