When you have a boat there are only two happy days:
- The day you buy it and the day you sell it.
Look at this picture and tell me you don't want it
Maintenance costs on a 100m ($200M) super yacht aren't that bad
Costs per year
$4,000,000 to $15,000,000 on maintenance
$2,000,000 on crew (30 crew supplement)
$350,000 dockage
$300,000 on provisioning (food/drinks/wine cellar/etc.)
$240,000 insurance
$36,000 on navigation, TV, etc.
Other costs
$1.1 million on refits every few years
Totaling at something like $7M to $20M a year ....
So it's not as bad as you think....
You say that maintenance is not expensive , I prefer not to think about the amount of BTC you have.
My stack is significant... but won't let me buy a ship like that .... yet
Anyone buying a ship like that is going to be attempting to generate some income from it too, right? I mean if you want the ship to be sustainable? Can you really imagine that you are going on trips and the ship only has staff or maybe just a 100 guests or so? It would feel nearly empty with those kinds of numbers of passengers, so I am having some difficulties understanding a personal use case... gotta be a kind of business boat, no?
Another scenario would be that the purchaser has ONLY a short time to live or something like that, but just making sure that the management of the boat staff is not engaging in shenanigans would take a decent amount of time to make sure that you have a good manager, if you don't want to manage it yourself - which would be kind of time-consuming, I would think.
So, at minimum, I think that anyone, even remotely interested in getting a boat like that better have at least 5x the yearly maintenance capital (left over after making the purchase of the yacht and the helicopter... hahahaha)....
So, if we are saying minimum of $250million in BTC value, then at today's prices that would be about 25,000 bitcoins, and if the BTC price goes to $100k, then that would be 2,500 bitcoin, and if the BTC price goes to $1million, then that would be a mere 250 BTC. Do we have to both make sure that we have 250BTC and wait for the BTC price goes to $1million? By the way, with my recommendations about selling a bit of BTC all the way up the ladder, then I am thinking that in order to have around 250 BTC when (or if) BTC prices reach $1million, then today, the HODLer would need to have about 330 BTC to account for the on-the-way shavenings.
TLDR (for Hueristic and udder peeps like dat): In other words, in order to have BIG ASS dreams, you better be preparing ur lil selfie, and have enough of a BTC stash in order to accomplish such BIG ASS dreams without putting your finances and/or psychology in any kind of unnecessary state of stress. You heard it here, first.
And oligarchs the money is extracted from peoples gold teeth so no worries about costs.