I'm asking this question seriously, though I'm going to qualify that by saying that I'm not planning on doing anything like this. It's just a fantasy of mine, and the question very much has to do with economics, i.e., it basically has to do with economies in various parts of the world and the cost of living. **Edit: This thread would be appropriate for Bitcoin Discussion as well, but mods,
please don't move it there. This isn't a thread that's meant to be funny, and I'd like thoughtful replies--which I won't get if the thread gets buried in a picosecond within the wasteland of what should be the most important section on the entire forum.**
That tells me that there's something to it, because there's no way father, sons, mom, and whatever grandparents are still alive would be bounty hunting if it weren't at least a little bit lucrative. So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched. Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?
Its almost Philippines Independence Day!!!
I am Pinoy! And I believe that "stable" flow of weekly $1500 would put you in the UpperClass here. Inferior only to multimillionaires(Php),
so to answer your question(s)
Yes you can live like a King (lavish-lifestyle), here.
Say your $1500 /week 5 people (
Beach Front Housr to Rent( 100usd per day for 5 people)
Inclusive of water and electricity.(no miners of course).
That leaves you more almost a grand to spend on food, booze or whatnot.
That beach house property is with neighbors of course. But it could be less than 10 people youll see if you dont go out of the yard/beach.
)
If you dont like neighbors, you can rent some resthouse, in the rural brgys.
I tried that for more than two months last august to october last year. Solo I only spent less than 500 usd for that period.. I was not picky with food, so most of it was spent on cigarette and occasional pale-pilsen(beer).
I didnt rent a I just setted up a wouldbe tent but the owners whom my roots are affiliated ended letting me use a room in their house. XD
If you want I can upload a vid taken there. Let me know ill send you a link via pm.
Getting citizenship--
not sure but I believe yiu can extend your VISA every monthbor two for 40usd more or less
EDIT:06/22: here is a good vlog entitled : The Cost of Living in the Philippines(A Day in My Life Abroad) by Nate Hovee.
https://youtu.be/AQDXnn29ywM