January update:
Our household suffered this past month. We had reduced income (I took a pay-cut to start a new self-employment venture), and we had some unexpected expenses that pushed our costs above normal. In terms of Sats, we had to dip into our savings resulting in a net loss of 3.93%. In terms of fiat, the purchasing power of our remaining Sats (savings) still had a net increase of 4.70% when priced in USD (our local fiat).
Just tracking the fiat amount: we would be down -4.14% in savings Granted, we would've had 100% less Sats (in savings) had we not converted all of our fiat to Sats going into this year.
#Strike Bill Pay worked as intended. There was a nerve-racking hiccup where the option disappeared on our account, but it was quickly resolved by their support team. We also had to provide a certificate of marriage so we could pay my Wife's credit card bill.
We weren't able to put any savings into long term cold-storage via
because we were at a net loss this month.
In short: Sats were down (we dipped into savings) 3.93% Fiat Value (of our savings) was up 4.70% (despite dipping into it)
If anyone is interested, I'll keep updating in percentage terms how our life looks on a monthly #BitcoinStandard
#Boom #Booming #LivingOnBitcoin #Bitcoin #SatLife
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