halalmoney on Nostr: 👀 “every monumentally stupid move I’ve done with bitcoin has been related to a ...
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“every monumentally stupid move I’ve done with bitcoin has been related to a fear of debt and miscalculation of risk”
“every monumentally stupid move I’ve done with bitcoin has been related to a fear of debt and miscalculation of risk”
quoting nevent1q…r7gzExcept you would though. This debt is risk free. That’s the point of this lesson: some debt is good. Some debt is great. Some debt is fatal. Not all debt is created equal.
If I would have borrowed $10,000 and bought bitcoin at 7¢, I’d be a billionaire. But I was damn near broke (and in fact was broke a year later)…every monumentally stupid move I’ve done with bitcoin has been related to a fear of debt and miscalculation of risk.