Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

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There's a formerly local young shyster here that got rich and quit/retired on Bitcoin gains right before I moved to town in 2017.
He spends his days smoking weed and generally wasting his life.  I'd like to try that deal out, but, really, what the hell good is his life now?

I'd find another or other ways to waste my life

I’ve seen this with one of my Scottsdale friends (early 30s). His six-figure crypto profits netted him enough to make payments on a new BMW M5 ($130k) but not enough to trade up from his apartment to a +$1M house common to north Scottsdale. After his crypto cash-out, he’s much more of a spender than a saver/investor. He wears luxury fashion accessories like Tom Ford sunglasses ($800), gets laser skin resurfacing for his face ($1200 per biannual treatment), places sports bets on FanDuel, and takes weekend golfing trips to Palm Springs.

To his credit he kept his job as a Finance Specialist at a Pheonix area auto-dealership, where he processes all the leasing, insurance, and registration paperwork for new car buyers. It’s dependable income ($70k?), but not enough to make payments on the BMW without the crypto top-off. And keeping his job is more of a credit to his Dad (mid-60s) who stepped in and convinced him to stay in the workforce after talking him through how living solely off what was left of his one-time crypto windfall would only last another year or two. Then what?

So, has $500k-$600k in crypto profits bettered my friend? Yes, but only to a showier, superficial degree, and for a limited time.

Notice my friend is making payments on his BMW. With the way credit is used by so many of us Americans to buy into and convey higher status, it’s gotten to the point that when I see others with luxury vehicles, like my coworker driving an Audi Q8 ($85k) or my neighbor driving a Porsche Panamera ($110k), I automatically assume it’s all on credit. And in turn, I find it a mark of refreshing honesty to see my Uncle, an MD, driving his 2014 Ford Taurus (resale $7k) around Marshall Texas.

I’ve seen this with one of my Scottsdale friends (early 30s). His six-figure crypto profits netted him enough to make payments on a new BMW M5 ($130k) but not enough to trade up from his apartment to a +$1M house common to north Scottsdale. After his crypto cash-out, he’s much more of a spender than a saver/investor. He wears luxury fashion accessories like Tom Ford sunglasses ($800), gets laser skin resurfacing for his face ($1200 per biannual treatment), places sports bets on FanDuel, and takes weekend golfing trips to Palm Springs.

some would say, live your best life in your 30's.  Don't wait until you're older to enjoy your life.

if the guy doesn't live to a ripe old age, it will have been a decent decision\\the sunglasses are pure silliness but, if he enjoys them...........

OAM it's worse than this.  Several large cities,  such as Chicago among many others are 'no cash bail' jurisdictions outside of capital crimes.  Its a joke.   Cash bail apparently is racist.  Unfair , etc etc..

I could fill a page here with felons who have been arrested again for serious felonies while out on low or no bail 

the purpose of bail is to ensure a defendant's appearance in court, (future proceedings as well as trial) and a component designed to protect the public safety, of not just the alleged victims but the public.

my point is no or low cash bail undermines public safety and purpose of bail.    I could walk into any large city tomorrow morning for intake Court and I bet you half the jokers being ushered into Court for arraignment after being arrested over the weekend are also in violation terms and conditions of bail right now from a recent arrest for which they are still pending trail/plea (due to low or no cash bail).

in my humble opinion, this instance of $20,000 is obscenely low relative to the potential penalties the defendant faces, coupled with nature of these crimes and the fact that he is a flight risk here.

If I was back in DAs office, I would have argued for $100,000 cash bail here.  I don't know what the DA argued for but the Judge sets the bail.
for random point of reference, a felony 4th/5th OWI/DUI 'back in my day' we would definitely be pushing $10-$20k cash bail.