Australian #Superannuation Funds are worth $3.7 Trillion.
At 11% foir super contribution averages, #Australians are pouring approximately $400 billion into these funds per year with many leaving their retirement in the hands of retail funds.
Of this, approximately $60 billion is taxed.
benchmark
1 year = 9.05% pa return
2 year = 7.52% pa
10 year = 7.32% pa
For anyone who missed our history of Australian #Dollar Horror post for the findings on #Australian money supply expansion, we outlined the average monetary inflation rate since 1975.
https://proofofwork.com.au/australian-money-supply/
Once you factor in the tax, inflation, and management fee, your super is only tracking todays purchasing power for ther future.
It's not designed for you to live a comfortable retirement.
#austriches #ausrich #proofofwork #bitcoin
#austriches #ausrich #proofofwork #bitcoin
From 1990 to 2016, Australia printed $700 billion dollars, marking a 1,644% increase over 26 years, or an average inflation rate of 7.17% annually.
To real estate owners: your property may have increased over time, but only at the rate of inflation.
If property doubles in value every 10 years, so does the money supply.
Here is the evidence.
Full blog about Australian Money Supply history, and the reason more countries are accepting unsustainable immigration levels.
First 4 months of work is for the government.
Next 3 is also for the government.
Last 5 is yours.
If you don't do anything with it and just keep it in cash, within 10 years the money supply will double and you'll lose another 80% of that.
#australia #slavetax #australianlira
1 Hour to go!
Tonight we draw one of our members to take home the Apollo ASIC Futurebit Mining Rig.
- Mine Bitcoin at 3-3/5TH/s
- Full Node
- Full Desktop Capabilities
- 200 Watt
- Super Quiet
- Pool Mine or Solo Lottery
- Valued at $1,500 AUD. All shipping and Tax Paid.

MEMBERSHIP PERKS
⚡ Member Portal Login.
⚡ Automatically in Every bitcoin Draw.
⚡ Entries Never Expire and Roll Into Next Month.
⚡ VIP Member Only Draws.
⚡ Participate in All Live Stream Bitcoin Games.
⚡ Exclusive Discounts with Partners Including 10% off Blockstream Jade & HardBlock Exchange Offer.
⚡ Bitcoin Starters Guide on Signup.
⚡ Weekly Bitcoin Report.
⚡ Notifications When We Buy.
⚡ Invites to Private Events and Webinars.
Memberships Start from $9 per month in fiat (save your sats), cancel anytime.
How many days after the bitcoin halving will price respond to the supply shock?
Here is the historical data.
Our Gimmi the Bitty Live Chat Block Game is currently sitting at $700 BTCAUD.
Which member will hash the nonce?
#bitcoinhash #bitcoingames #ausriches #ausrich #gimmithebitty #bitcoinlive
DM to become a VIP member and enter all of our live stream draws.
8th MAY - Win an Apollo ASIC Bitcoin Miner with Full Node
15th MAY - Win 2,000,000 SATS.
⚡ 14 Live Stream draws.
⚡39 Members called.
⚡ 27 Million sats back to members.
⚡ Over $28,000 in AUD.
⚡ Discounts including 10% off Blockstream Jade.
⚡ 2.1% donated to Kids w/ Cancer, Bitcoin moon fund & The School of Bitcoin.
⚡ Free education & support to members.
To celebrate the halving, another 2,300,000 SATS ($2,500 BTCAUD) will be drawn on the 17th of April.
Capped at 210 member #Austriches
#australia #bitcoinaustralia
The visual of the first 10 bitcoin reward schedule halvings.
#bitcoin
#bitcoinhalving
#ausriches
Should we set a date to squeeze them? Shorting Bitcoin is like saying to the banks that it's okay to print money to bail yourselves out, while the mums and dads lose everything.
Bitcoin was birthed after the GFC when banks were bailed for their screw ups, and the people lost everything.
#bitcoinshortsqueeze
#bitcoinsaving #savinginbitcoin #bitcoin #bitcoinscarcity #ausriches