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bitcoinstr / Samuel #BTC
npub1qzx…xaaq
2024-09-24 01:31:25
in reply to nevent1q…ztnx

bitcoinstr on Nostr: My suspicion is that most don’t understand negative interest rates: A Porsche costs ...

My suspicion is that most don’t understand negative interest rates:

A Porsche costs 2 #BTC this year, will cost 1 #BTC next year, and 0.5 #BTC the following year. So logically I would just wait 2 years buy a newer Porsche and have 1.5 #BTC left over.

Of course it might be 0.25 #BTC the following year so I might just wait.

So if I borrow 1 #BTC at -50% interest rate I could wait 2 years but the Porsche for 0.5 #BTC pay the bank back 0.25 #BTC , and put 0.25 #BTC in my pocket.

#BTC #HODL #bitcoinstr
Author Public Key
npub1qzxv58exzw2qnvsc67v32etqt9crw6s33cxx830af08y33t65east5xaaq