Trey on Nostr: Mr. Money Mustache says bitcoin is like a lucky dice roll because it produces no ...

Mr. Money Mustache says bitcoin is like a lucky dice roll because it produces no income. He'd rather own a rental house or business that generates cash flow.

Fair enough. Cash-flowing assets can be great. But that's not how the FIRE strategy he recommends actually works. He tells readers to buy VTSAX, then relies on long-term appreciation and the 4% rule to fund retirement by gradually selling shares.

That's a savings strategy built on future price appreciation. Bitcoin belongs in the same comparison. Its value doesn't come from rent or dividends. It comes from growing demand against a fixed supply of 21 million and the ability to hold and transfer it without a bank or government changing the rules.

You can still decide stocks fit your plan better. But dismissing bitcoin as speculation while treating broad index funds as categorically different avoids the actual question: which asset has the stronger savings properties for your time horizon?

That question has consequences measured in working years. If someone had moved even 10% of their savings from stocks to bitcoin, how much sooner could financial independence have arrived?

Use the full comparison to decide whether bitcoin belongs beside index funds in your FIRE plan: https://firebtc.io/p/why-bitcoin-is-stupid-revisited