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RE: The Bottom of the One by bozz

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @tarazkp/the-bottom-of-the-one

· @bozz ·
$0.19
What does it take to be in the top 1% of Hive?  I think I am close to that.  Last I checked anyway.  I think someone said I was close. I guess I don't really know.  I am a little shocked the number for the US is so low.  I will probably never reach that point, but 5.1 seems low to me.  Which is weird because I don't live in a high cost of living area.
👍  ,
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@aussieninja ·
Considering that the median US annual income is around $30,000, I'm sure $5.1M is absolutely unobtainable for most US citizens. 
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@bozz ·
$0.32
Yeah, I don't see myself ever getting there. It's still lower than I would have guessed.
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@tarazkp ·
$0.30
If you save all your pennies and do a crypto rug-pull, you are in with a chance. 
👍  
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@preparedwombat · (edited)
$0.20
>What does it take to be in the top 1% of Hive?

It wouldn’t take much, since there are over 2 million accounts. 😁

Top 1% of *active* accounts though?  Probably the larger minnows as well as all dolphins and above.
👍  ,
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@bozz ·
I think I am there.
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@tarazkp ·
Pretty sure :)
👍  
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@tarazkp ·
$0.05
>It wouldn’t take much, since there are over 2 million accounts. 😁

10 Hive should do it :D
👍  
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@tarazkp ·
I'd assume you are a 1 percenter on Hive.

It is interesting, because while people talk about the one percent, there is a massive, massive difference between the bottom and top of that group. Completely different lives and lifestyles. Even the "ultra high" wealth is considered at 30M - which is not that high considering the billionaire's and close to. 
👍  
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@bozz ·
Yeah, that is a good point.  Although where I live being at 5.1M would probably put you in a pretty good place.  You could likely get by with 1m earning 6% interest annually and still be okay.
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@tarazkp ·
"Live off the interest" used to be a thing - now it is still a long way from possible with the current interest rates - even though they are higher. 
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