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.
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.
10 Hive should do it :D
I think I am there.
Pretty sure :)
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.
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.
"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.
I think it depends where you live. I was being conservative at 6% and that would be just about what I make from my full time job now. My 403B pulls in 10% on average per year. I might end up making more in retirement than I did in my working days!
Wouldn't that be grand!
Considering that the median US annual income is around $30,000, I'm sure $5.1M is absolutely unobtainable for most US citizens.
Yeah, I don't see myself ever getting there. It's still lower than I would have guessed.
If you save all your pennies and do a crypto rug-pull, you are in with a chance.