How to live off your bitcoin wealth?

Attention: I am not asing how to get rich with Bitcoin. The question is how to live off that fortune without using / spending / selling / wasting.

When you have an investment property, you get rent out of that and once you no longer pay mortgage, you get all the rent as a source of income.

With bitcoin you could get interest paid and use that as an income. Is that the only way? I hear people talk about "borrow against your bitcoin". Can I have a practical example on that?

Say bicoin has increased to one million dollars em x years. You could then borrow say $100k (10%) out of that where you will pay back say $120k with interest. How exactly do you use the money to live off it while you have to pay it back with interest?

submitted by /u/IAmTwoSixNine
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