I Would Need Roughly 38,000 WEEDCASH/month To Live Off Of
I was wondering how much WEEDCASH I would need to live off of for every month (out of boredom) so I checked it against my general expenses (roughly $500 USD/month). In order for me to live off of Weedcash, I would need approximately 30,048.076 Weedcash at the current Hive-engine value of $0.01664 USD to cover the $500 a month.
My expenses include Rent (which water and electricity is included), and food (generally $100 a month). Although, it is pretty far from reach, who knows, maybe someday I could buy myself a beer every once in a while (210 WEEDCASH).
How much WEEDCASH would you need to live off of?
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0.000
Well, You mean to sell monthly? I would have to dump like 100k Weedcash a month so that ain't happening 🤣🤣.
Yeah.lol I would need to sell off 30K Weedcash a month assuming the value stayed the same (which is very unlikely). If the value of Weedcash was consistently above $0.30 I think it'd be more reasonable, if there was enough general volume to hold close to that price.
Either way, it's pretty interesting to think about.
Yeah, If we need a stable price at or around that is would be way easier.
That's why my focus has shifted to hive power. I think we can see that hit $5 easy this year.
Last but run steem hit like 2
10$ or maybe even higher
I guess it could also mean making the equivalent of $500 USD in WEED a month to break even to make savings easier. There's a finite limit to how much WEED is minted a month and I am not sure if @esecholo took that into consideration for the thought experiment.