Re:DeFi bug accidentally gives $90M to users
by saalweachter on Saturday October 02, 2021 @08:29AM
(#28728079)
> ...by the time you're old...
I think this is a deal-breaker for get-rich-quick types.
I think this is a deal-breaker for get-rich-quick types.
SWE at the staff level will get you low to mid eight-figures rich [0] by the time you're old with safe, traditional investing. Sure you aren't Masters of the Universe Rich, but you're still filthy rich.
And how many crypto people are going to beat low-to-mid eight figures? Maybe if you put $100k into bitcoin in 2013, but I'd bet there are more SWEs making $500k+ than there are people who put that much into crypto early enough (and weren't already filthy rich).
[0] Low-to-mid eight-figures in today's dollars. Nine figures in future dollars. Assume $500k income, putting half away from 35 to 65, getting 7% (4.1% after 2.9% inflation).