What is Nostr?
Byzantine
npub1t5w…6dke
2024-10-16 20:06:06

Byzantine on Nostr: i still don't understand how borrowing against your bitcoin solves anything. if i am ...

i still don't understand how borrowing against your bitcoin solves anything.

if i am 100% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i pay back the loan?

don't i have to sell my bitcoin?

if i am 50% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i keep accumulating more bitcoin?

i now have to pay back the loan with all my fiat

i think clown world just needs to learn how to live within its means
Author Public Key
npub1t5wc8h37uhkau9tsw82sjxndq04d3n8p634utpdfvs4tm5xmt2sqgk6dke