What is Nostr?
hh / HH
npub1s27…dsym
2024-09-24 16:51:26
in reply to nevent1q…8asc

hh on Nostr: OK so what about the borrower? It's still an irrational decision. If BTC is going to ...

OK so what about the borrower? It's still an irrational decision.

If BTC is going to beat fiat (because it will remain forever more volatile), it will always be better to take loans in the cheaper depreciating asset.

Not to mention, in the example JudgeHardcase (nprofile…ggyq) mentions the purchase of a car, which is a liability, not an asset, and even less a yield-bearing asset (unless you're telling me that you use it for work or something and so on, but that's splitting hairs)
Author Public Key
npub1s277u5rww60te98w9umz6p7pjcxuus96cegdsf4y978qcqvu8jtq88dsym